A Seniority List Is a Company List Used to Identify

question 3

True/False

A seniority list is a company list used to identify employees in a bargaining unit according to their length of continuous employment.

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Definitions:

Treasury Stock

Shares that were once a part of the outstanding shares and have been bought back by the company.

Authorized Shares

The highest amount of shares a company is allowed to distribute, as outlined in its charter.

Outstanding Shares

The total number of shares of a corporation that have been issued and are in the hands of the public and insiders.

Issued Shares

The total number of shares of stock that have been sold.