Standard requires every stock corporation to disclose the amount of unrestricted retained earnings equal to the cost of treasury shares, if there is any, but does not compel it to include the number of shares held in the treasury through the notes to financial statements. * a. True b. False

Cornerstones of Financial Accounting
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Author:Jay Rich, Jeff Jones
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Chapter10: Stockholder's Equity
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Problem 3MCQ: Authorized stock represents the: number of shares that are currently held by stockholders. number of...
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The Standard requires every stock corporation to disclose the amount of unrestricted retained earnings equal to the cost of treasury shares, if there is any, but does not compel it to include the number of shares held in the treasury through the notes to financial statements. * a. True b. False
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