A Document That Is Prepared to Show How Items Have

question 3

Multiple Choice

A document that is prepared to show how items have been shipped to customers is a:

• A)receiving report.
• B)bill of lading.
• C)lot tickets.
• D)clock card.

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Definitions:

Over-The-Counter

A decentralized market where securities are traded directly between parties without the supervision of an exchange.

Financial Intermediaries

Institutions that facilitate the flow of funds between savers and borrowers, thereby making investment more accessible.

Stockbrokers

Licensed professionals who buy and sell securities on behalf of clients, typically charging commissions for their services.

Direct Transfers

The process of moving assets or capital directly between parties without the use of an intermediary.