The Following Data Were Reported by a Corporation The Number of Outstanding Shares Is:
A)12,000
B)15,000
C)17,000
D)20,000

question 131

Multiple Choice

The following data were reported by a corporation:
$$\begin{array} { | l | r | } \hline \text { Authorized shares } & 20,000 \\\hline \text { Issued shares } & 15,000 \\\hline \text { Treasury shares } & 3,000 \\\hline\end{array}$$
The number of outstanding shares is:

• A)12,000
• B)15,000
• C)17,000
• D)20,000
• E)23,000

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Definitions:

Prototype Matching

A cognitive process of comparing a stimulus with a mental representation of the best example of a particular category.

Stencil

A sheet of material with a design cut out of it, used to produce the design on an underlying surface by applying ink or paint through the cut-out areas.

Bottom-Up Processing

A cognitive process by which we analyze information starting with the smallest or most detailed elements and working up to a comprehensive understanding.

Top-Down Processing

An approach to information processing guided by higher-level mental processes as we construct perceptions drawing from our experience and expectations.