[Solved] If the price of the common stock exceeds the exercise price of a call,the call is said to be: A)naked. B)out of the money. C)in the money. D)covered. Retail Inventory Method: An accounting method used by retailers to estimate inventory value by converting retail prices to cost values. Physical Count of Inventory: The manual process of counting all the physical goods a company has in stock at a specific time. Safeguarding Inventory: Measures and policies implemented to protect company inventory from theft, damage, and other losses. Physical Devices: Tangible pieces of hardware that are used for specific functions, often within technological or manufacturing settings.