Shares the Corporation Itself Owns Are Called

question 93

Multiple Choice

Shares the corporation itself owns are called:

• A)treasury stock.
• B)common stock.
• C)preferred stock.
• D)bonds.

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Definitions:

Employee Salaries

Fixed payments made to employees for their services over a specified period, typically monthly or bi-monthly.

Budgeting

The process of creating a financial plan to manage revenue and expenses for a specific period, often key to strategic planning in businesses and personal finance management.

Activity Variance

The difference between the budgeted amount of an activity and the actual amount incurred.

Net Operating Income

Refers to a company's income after operating expenses have been deducted, but before income taxes and interest expenses are subtracted.