Which of the Following Securities Is Not an Example of an Option

question 26

Multiple Choice

Which of the following securities is not an example of an option?

• A) Warrant
• B) Convertible security
• C) Right
• D) Futures contract

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Definitions:

Cost Accounting Systems

Systems that measure, record, and report product costs.

Product Costs

The expenses directly associated with creating a product, including materials, labor, and manufacturing overhead.

Job Order Cost System

A type of cost accounting system that provides for a separate record of the cost of each particular quantity of product that passes through the factory.

Process Cost System

An accounting system used to apply costs to similar products that are mass-produced in a continuous fashion.