> > >

Financial Reporting MCQs

What is Treasury Stock?

Stock purchased by the U.S. Treasury Department

Stock repurchased by the issuing company, reducing the amount of stock outstanding in the open market

Stock purchased by the treasurer of the company for their personal portfolio

Stock not allowed to be purchased in the first 30 days after IPO

Answer

Correct Answer: Stock repurchased by the issuing company, reducing the amount of stock outstanding in the open market

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Financial Reporting Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it