Which of the Following Would Be Referred to as an Equity

question 16

Multiple Choice

Which of the following would be referred to as an equity swap?

• A) An exchange of the return from an equity index for a fixed rate of interest
• B) An exchange of a long position in one stock for a long position in another stock
• C) An exchange of a short position in one stock for a short position in another stock
• D) None of the above

---

Definitions:

Unreliable Processes

Procedures or systems that fail to consistently perform to their designed specifications or standards, leading to errors, defects, or inefficiencies.

Lean Manufacturing

The use of lean principles to accomplish high quality, low cost, fast response, and immediate availability in a manufacturing setting. Also called just-in-time (JIT) processing.

Unnecessary Waste

Refers to materials or resources that are excessively consumed or not utilized efficiently, leading to avoidable loss or expense.

Inventory

Merchandise on hand (not sold) at the end of an accounting period.