________ is/are the number of shares a firm has approval to issue in total.
A) Treasury stock
B) Shares outstanding
C) Preferred shares
D) Shares permitted
E) Shares authorized

Name: ________ is/are the number of shares a firm has approval to issue in total. A) Treasury stock B) Shares outstanding C) Preferred shares D) Shares permitted E) Shares authorized
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Question

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Shares authorized refers to the total number of shares a company is legally allowed to issue as approved by its corporate charter.

________ Is/are the Number of Shares a Firm Has Approval