Which of the following is the largest number of shares?
A)Outstanding shares
B)Authorized shares
C)Issued shares
D)Approved shares

Question

Quizplus · Accepted Answer

Authorized shares are the maximum number of shares that a corporation can issue, so it will always be larger than outstanding shares (shares that have been issued and are currently held by shareholders) and issued shares (shares that have been issued and are currently in circulation). Approved shares is not a commonly used term and is not relevant in this context.

Which of the Following Is the Largest Number of Shares