Which of the Following Is an Example of a Financial

question 331

Multiple Choice

Which of the following is an example of a financial transaction?

• A)A firm purchases a fire insurance policy.
• B)An internal auditor discovers an error in a firm's inventory valuation.
• C)A potential customer accesses a firm's Web page.
• D)A manager reviews the financial statements prepared by an accountant.

---

Definitions:

Parents

In genetics, the organisms that give rise to offspring, but in programming (especially object-oriented programming), it refers to the superior or controlling classes in hierarchical relationships.

Defect

A flaw or imperfection in a product, process, or system that fails to meet specified criteria.

Proportion

A statistical measure that indicates the fraction of the total that possesses a certain attribute or characteristic.

Relative Risk

A measure in epidemiology that quantifies the risk of a certain event happening in one group compared to its occurrence in another group.