The Number of Shares Outstanding Is Equal to the Number

question 35

True/False

The number of shares outstanding is equal to the number of shares issued minus the number of shares repurchased.

---

Definitions:

Federal Depository Bank

A financial institution where the government keeps its money and manages its financial transactions.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at banks and thrifts in the event of bank failures.

Tax Statement

A document that outlines the amount of tax owed to or refunded by the government for a particular financial year.

Form W-2

A tax form used in the United States that reports an employee's annual wages and the amount of taxes withheld from their paycheck.