Issued stock refers to the number of shares:
A) Outstanding plus treasury shares.
B) Shares issued for cash.
C) Owned by shareholders.
D) That may be issued under state law.

Question

Quizplus · Accepted Answer

Issued stock refers to the total number of shares that a company has sold to investors, including both outstanding shares (shares owned by shareholders) and treasury shares (shares held by the company itself). Therefore, choice A, outstanding plus treasury shares, is the correct answer. Choice B, shares issued for cash, only refers to a subset of issued stock. Choice C, owned by shareholders, refers specifically to outstanding stock. Choice D, that may be issued under state law, refers to authorized stock, which is different from issued stock.

Issued Stock Refers to the Number of Shares