Which of the Following Is True of Proms

question 2

Multiple Choice

Which of the following is true of proms?

• A) They are also known as hanging out.
• B) They are used as a medium for getting together.
• C) They are casual in nature.
• D) They are popular traditional dating events.

---

Definitions:

Inventory

Materials and products that a business holds for the ultimate purpose of resale.

Investment Account

An account held at a financial institution or brokerage which is used for the buying of investments such as stocks, bonds, and mutual funds.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet.

Underlying

In finance, the asset or instrument upon which a derivative or other financial contract is based.