The CBOE Is1

question 12

Multiple Choice

The CBOE is1. a secondary market in put and call options2. a division of the SEC that regulated option trading3. the first organized options exchange

• A) 1 and 2
• B) 1 and 3
• C) 2 and 3
• D) all of the above

---

Definitions:

Ledger

A comprehensive collection of a company's financial accounts.

Trial Balance

A Trial Balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that total debits equal total credits.

Financial Statements

Reports that show the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Adjusting Entries

Journal entries made at the end of an accounting period to update the accounts for accruals and deferrals that have not been recorded during the period.