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  3. Study Set
    College Accounting Study Set 1
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    Exam 19: Corporations: Stock Values,dividends,treasury Stocks,
  5. Question
    Treasury Stock Is
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Treasury Stock Is

Question 119

Question 119

Multiple Choice

Treasury stock is:


A) stock that is issued in a stock dividend.
B) stock that has been reacquired by the corporation.
C) previously issued stock that has been canceled.
D) unissued,but authorized stock.

Correct Answer:

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