There May Be Instances of Massive Losses, in Case of Derivatives

question 200

Multiple Choice

There may be instances of massive losses, in case of derivatives, most notably by __________________, these have not had repercussions.

• A) Long-Term Capital Management
• B) Short term capital Management
• C) Capital Management
• D) Risk and investment Management

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Definitions:

Accounts Payable

Short-term liabilities or money owed by a company to its creditors or suppliers for goods and services that have been delivered but not yet paid for.

Merchandise Inventory

Goods that a retailer, wholesaler, or distributor holds for the primary purpose of selling to customers.

General Journal

A primary accounting record used to document all business transactions in chronological order.

Error In Billing

Mistakes or inaccuracies in the amount charged on an invoice or billing statement.