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    Intermediate Accounting Study Set 2
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    Exam 18: Shareholders Equity
  5. Question
    Authorized Common Stock Refers to the Total Number of Shares
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Authorized Common Stock Refers to the Total Number of Shares

Question 77

Question 77

Multiple Choice

Authorized common stock refers to the total number of shares:


A) Outstanding.
B) Issued.
C) Issued and outstanding.
D) That can be issued.

Correct Answer:

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