Which of the Following Statements Is Correct

question 158

Multiple Choice

Which of the following statements is correct?

• A)Due to its liquid nature, cash is the easiest asset to steal.
• B)A good system of internal control will ensure that employees will not be able to steal cash.
• C)It takes two or more employees working together to be able to steal cash.
• D)All of these answer choices are correct.

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Definitions:

Circuit Breakers

Mechanisms used in stock exchanges to temporarily halt trading on an exchange to curb panic-selling, triggered by drastic drops in value.

Flash Crashes

Rapid, deep, and volatile market declines, usually occurring within a very short time period, often caused by automated trading.

New York Stock Exchange (NYSE)

The largest stock exchange in the world by market capitalization, located in New York City.

Inside Quotes

The highest bid and the lowest ask prices among various market makers or participants in a financial market for a particular security.