Which of the following classifications represents the largest number of shares?
A)Authorized shares.
B)Outstanding shares.
C)Treasury shares.
D)Issued shares.

Question

Quizplus · Accepted Answer

Authorized shares represent the total number of shares a corporation is legally allowed to issue, as specified in its articles of incorporation. This number is typically larger than the number of shares actually issued (issued shares) and much larger than the number of shares currently held by investors (outstanding shares) or the corporation itself (treasury shares).

Which of the Following Classifications Represents the Largest Number of Shares