When only one class of stock is issued by a corporation, it should be termed: O A Common stock O B. Treasury stock O C Preferred stock O D. Authorized stock QUESTION 18 Treasury stock is: e A A corporation's own stock that has been retired B. AUS. government security 0 C. A corporation's own stock that has been reacquired and held for future use D Stock of other corporations owned by a corporation QUESTION 19 To quality as a cash equivalent, an investment must pA Be easily convertible into a known cash amount B Be hree months or more from maturity C. Be over $500,000 in amount D All of the above QUESTION 20 The statement of cash flows explains changes in a firm's A Cash on hand and cash in the bank B. Cash, cash equivalents and accounts receivable Cash and cash equivalents P working capita