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18 June, 22:50

Treasury stock involves shares which are: authorized and issued, but not currently outstanding. not yet authorized. authorized, issued, and outstanding. issued and outstanding, but not yet authorized.

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  1. 18 June, 23:29
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    Authorized and issued, but not currently outstanding

    Explanation:

    Option B is wrong because treasury stock is already authorized by the securities and exchange commission.

    Option D is incorrect, as unauthorized shares cannot be issued or outstanding.

    Option C is wrong because treasury stock is authorized and issued. As those shares are repurchased, those are not outstanding. Therefore, option A is correct.
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