Treadwell Motors Stock Returned 11%, 14%, 3%, and 9% Over

question 195

Multiple Choice

Treadwell Motors stock returned 11%, 14%, 3%, and 9% over the past 4 years, respectively. The arithmetic average return for this period is _____%.

• A) 9.00%
• B) 9.17%
• C) 9.25%
• D) 11.87%
• E) 12.33%

---

Definitions:

Deposit In Transit

Refers to money that has been received and recorded by a business but has not yet been reflected in the bank's records.

Documentation Procedures

The protocols and guidelines for preparing and handling documents and records in a systematic manner.

Segregation Of Duties

An internal control measure that splits responsibilities among multiple people to reduce the risk of error or fraud within an organization.

Physical Controls

Security measures implemented to protect tangible assets, including locks, security guards, and surveillance systems.