Which of the Following Is Not an Example of a Precautionary

question 4

Multiple Choice

Which of the following is not an example of a precautionary act?

• A) A disguise
• B) Alteration of voice
• C) Use of a blindfold
• D) All of the above are examples of precautionary acts

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Definitions:

Available-for-Sale Investments

Securities that are not classified as held-to-maturity or trading securities, and can be sold in the future.

Market Value

The current market cost at which a service or asset is being bought or sold.

No Par Stock

Stock issued without a nominal or face value, where the value is determined by what investors are willing to pay for it.

Available-for-Sale Securities

Financial assets that a company intends to sell but not immediately, recognized on the balance sheet at fair value.