________ Involves Reading a Program to Make Sure That It

question 206

Multiple Choice

________ involves reading a program to make sure that it is error-free and that the logic works.

• A) Desk checking
• B) Debugging
• C) Beta testing
• D) Compiling

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Definitions:

American Option

A type of options contract that can be exercised at any time before its expiration date.

Expiration Date

In finance, it refers to the date on which a financial instrument (e.g., options, futures) ceases to be valid and the right to exercise it no longer exists.

Exercised

In finance, most commonly refers to the act of utilizing one's right to buy or sell an underlying financial instrument, such as stocks, as specified in a contract.

Put Option

A financial contract giving the option buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time frame.