Which of the Following Represent In-The-Money Options

question 89

Multiple Choice

Which of the following represent in-the-money options?
I. a call when the market price of the underlying stock exceeds the strike price
II. a call when the strike price exceeds the market price of the underlying stock
III. a put when the market price of the underlying stock exceeds the strike price
IV. a put when the strike price exceeds the market price of the underlying stock

• A) I and III only
• B) I and IV only
• C) II and III only
• D) II and IV only

Distinguish between direct and indirect costs in job order costing.

Calculate total manufacturing costs.

Understand the flow of costs in manufacturing (Materials, Labor, Overhead).

Prepare job cost sheets and account for work in process, finished goods, and cost of goods sold.

---

Definitions:

If Statements

Conditional statements that execute a block of code if a specified condition evaluates to true.

Relational Operator

Operators that compare two values and determine the relationship between them, such as greater than, less than, equal to, etc.

Not

A logical operator that inverts the truth value of the operand.

CompareTo

A method in various programming languages that compares two values or objects, returning a numerical value indicating their relative order.