When all of the authorized shares have the same rights and characteristics,the stock is referred to as:
A)Preferred shares under both IFRS and GAAP.
B)Common shares under both IFRS and GAAP.
C)Plain shares under IFRS and common shares under GAAP.
D)Simple shares under IFRS and pure shares under GAAP.
E)Share capital under IFRS and common shares under GAAP.

Question

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The Answer of When all of the authorized shares have the same rights and characteristics,the stock is referred to as:
A)Preferred shares under both IFRS and GAAP.
B)Common shares under both IFRS and GAAP.
C)Plain shares under IFRS and common shares under GAAP.
D)Simple shares under IFRS and pure shares under GAAP.
E)Share capital under IFRS and common shares under GAAP.

When All of the Authorized Shares Have the Same Rights