The number of shares of stock outstanding generally is greater than the number of shares of stock issued.
Answer the following statement true (T) or false (F)
False
The number of shares issued is normally equal to or greater than the number of shares outstanding.
You might also like to view...
Which of the following is a major difference between the IASB’s conceptual framework and the FASB’s conceptual framework?
a. The IASB prefers replacement cost over historical cost as a measurement basis. b. FASB limits primary user groups to investors and creditors. c. FASB’s conceptual framework is considerably shorter than the IASB’s. d. The IASB’s framework is in the form of a series of concept statements rather than a single framework.
Starbucks making coffee makers is an example of _______________.
a. Diversification b. Brand extension c. Line extension d. Co-branding
A buyer who rightfully rejects nonconforming goods may obtain cover or cancel the contact, but may not seek damages
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT true when comparing goods and services?
A. Goods are easily stored while services cannot be stored. B. It is easier to produce consistent quality goods as compared to services. C. Services are intangible while goods are tangible. D. Services are usually produced in front of customers, whereas goods are not. E. Customers rely more heavily on recommendations when purchasing goods as compared to services.