Which of the following represents the largest number of common shares?
A) Treasury shares
B) Issued shares
C) Outstanding shares
D) Authorized shares

Question

Quizplus · Accepted Answer

Authorized shares represent the total number of shares a corporation is legally allowed to issue, according to its corporate charter. This number is typically larger than the number of shares actually issued to shareholders (issued shares) and the number of shares currently held by shareholders (outstanding shares). Treasury shares are shares that were issued and later repurchased by the company, reducing the number of outstanding shares but not affecting the number of authorized shares.

Which of the Following Represents the Largest Number of Common