Question 2 2 pts Which of the following statements regarding Par Value is FALSE? it is used to determine the amount to record in the Common Stock account it is the legal capital established for a share of stock it represents what a share of stock is worth O it is handled the exact same way as stock with a "stated" value Question 3 2 pts ROK Corporation's charter states that the most shares of common stock that it is allowed to issue is 500,000 shares. What is the correct term that applies to the 500,000 shares of stock? issued shares unissued shares outstanding shares authorized shares Question 4 2 pts In order to calculate the number of shares of issued stock of a coproration you would: subtract treasury stock from authorized stock subtract unissued shares from authorized shares add treasury stock to the number of shares outstanding subtract outstanding shares from authorized shares