Which One of the Following Statements Is Correct Concerning the NYSE

question 31

Multiple Choice

Which one of the following statements is correct concerning the NYSE?

• A) The publicly traded shares of a NYSE-listed firm must be worth at least $250 million.
• B) The NYSE is the largest dealer market for listed securities in the United States.
• C) The listing requirements for the NYSE are more stringent than those of NASDAQ.
• D) Any corporation desiring to be listed on the NYSE can do so for a fee.
• E) The NYSE is an OTC market functioning as both a primary and a secondary market.

---

Definitions:

Accounts Payable

The amounts a company owes to suppliers for goods and services purchased on credit.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

Collections

The process of pursuing payments of debts owed by individuals or businesses, typically referring to the accounts receivable department's efforts.

Merchandise Purchases

The acquisition of goods for resale, typically in a retail or wholesale business setting.