Select the Letter of the Term Each Statement Best Describes

Multiple Choice

Select the letter of the term each statement best describes.
-The maximum number of shares a corporation may issue as indicated in the corporate charter.

A) authorized shares
B) issued shares
C) outstanding shares
D) par value
E) additional paid-in capital
F) retained earnings
G) cumulative feature
H) participating feature
I) callable stock
J) treasury stock
K) retirement of stock
L) dividend payout ratio
M) stock dividend
N) stock split
O) market value per share
P) convertible stock
Q) book value per share