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Chapter 11 1) Treasury stock may be repurchased: (a) to reissue the shares to officers and (b) to signal to the stock market that management

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Chapter 11 1) Treasury stock may be repurchased: (a) to reissue the shares to officers and (b) to signal to the stock market that management believes the stock is (c) to have additional shares available for use in the acquisition of other companies. (d) More than one of the above. employees under bonus and stock compensation plans. underpriced. 2) Entries for cash dividends are required on the (a) declaration date and the record date. (b) record date and the payment date. (e) declaration date, record date, and payment date. (d) declaration date and the payment date 3) Which one of the following decreases when a corporation purchases treasury stock? (a) Treasury Shares (b) Outstanding Shares (c) Authorized Shares (d) Issued Shares

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