Match the items with the definitions.
Items
A. Treasury shares
B. Convertible shares
C. Preferred shares
D. Authorized shares
E. Unissued shares
F. Redeemable shares
G. Cumulative shares
Definitions
____ 1. Shares that may, at the option of the holder, be turned in for another security.
2. Shares that have been issued, repurchased, and are held by the corporation.
____ 3. Shares that have specified rights over common shares.
____ 4. Shares on which dividends in arrears must be paid prior to any current dividends.

Question

Quizplus · Accepted Answer

The Answer of Match the items with the definitions.
Items
A. Treasury shares
B. Convertible shares
C. Preferred shares
D. Authorized shares
E. Unissued shares
F. Redeemable shares
G. Cumulative shares
Definitions
____ 1. Shares that may, at the option of the holder, be turned in for another security.
2. Shares that have been issued, repurchased, and are held by the corporation.
____ 3. Shares that have specified rights over common shares.
____ 4. Shares on which dividends in arrears must be paid prior to any current dividends.

Match the Items with the Definitions