The VIX Is

question 1

Multiple Choice

The VIX is

• A)an index of option prices
• B)an index of Black/Scholes option values
• C)positively correlated with the S&P 500
• D)a measure of investor sentiment

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Definitions:

Spending Variances

The difference between the actual amount spent and the budgeted amount for a particular accounting category.

Favorable

A term used in finance and accounting indicating that actual performance is better than the expected or budgeted performance.

Unfavorable

A term used in budgeting and accounting to describe a financial condition or variance that is worse than expected or budgeted.

Revenue Variance

The difference between actual revenue earned and the budgeted or expected revenue.