Author Question: A variation of the limit check is the reasonableness check. Indicate whether the statement is true ... (Read 125 times)

geoffrey · **on:** Jul 5, 2018

A variation of the limit check is the reasonableness check.
Indicate whether the statement is true or false

Question 2

Explain the difference between authorized, issued, treasury and outstanding stock.

What will be an ideal response?

irishcancer18 · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

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Answer to Question 2

Authorized stock is the total amount of stock that a corporation's charter will allow the corporation to sell to the public. Issued stock represents the amount of stock that a corporation has sold to the public. Treasury stock is a corporation's own stock that has been issued and bought back by the corporation. Outstanding stock is the shares that are issued minus the shares in treasury.