Examlex
Which of the following items on a bank reconciliation would require an adjusting entry on the company's books?
Put Option
An agreement in finance that permits the owner to sell a predetermined quantity of a basic asset at an agreed price during an established timeframe, without being compelled to do so.
Protective Put
An options strategy where an investor purchases a put option for an existing stock position to limit potential losses.
Listed Put Option
A put option that is traded on an official exchange, giving the holder the right but not the obligation to sell a specific asset at a set price before the option expires.
Exercise Price
The price at which the holder of an options contract can buy or sell the underlying asset.
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