What Is the Bid-Ask Spread Referred To

question 77

Multiple Choice

What is the bid-ask spread referred to?

• A)The difference bond asking and bidding prices.
• B)The stock markets valuation of stock.
• C)The difference between the stock's bid and asking price.
• D)The reduction of the stock's active price.
• E)None of the options.

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Definitions:

Convergence

In financial and accounting terminology, convergence refers to the growing harmonization of International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Principles (GAAP), aiming to create a single set of global standards.

Initiatives

Specific actions or strategies undertaken by an organization to achieve particular objectives.

Accounting Standards

Guidelines and principles designed to improve the transparency and consistency of financial reporting and accounting practices.

Managerial Accounting

The process of identifying, measuring, analyzing, and communicating financial information to managers for the pursuit of an organization's goals.