Treasury stock accounts for the difference between:
A) issued shares and authorized shares.
B) issued shares and preferred shares.
C) outstanding shares and issued shares.
D) authorized shares and outstanding shares.

Question

Quizplus · Accepted Answer

Treasury stock accounts for the difference between outstanding shares (shares currently in the hands of shareholders) and issued shares (total number of shares that have been issued by the company, including those held as treasury stock). Treasury stock refers to shares that have been bought back by the company and are no longer held by shareholders. Therefore, the correct answer is C - treasury stock accounts for the difference between outstanding shares and issued shares.

Treasury Stock Accounts for the Difference Between