A variation of the limit check is the reasonableness check. ...

[geoffrey]

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]

Answer to Question 1

T

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.

[geoffrey]

Excellent

[at]

Gracias!