Which One of the Following Is a Trade That Will

question 9

Multiple Choice

Which one of the following is a trade that will close out a previously established futures position?

• A)maintenance call
• B)margin call
• C)reverse trade
• D)position reversal
• E)margin closeout

Understand the concept of cash-basis and accrual-basis accounting.

Appreciate the importance and methods of depreciation and its impact on financial statements.

Recognize the significance of revenue recognition and its potential for fraud.

Understand the principles behind the time period assumption.

---

Definitions:

Convicts

Individuals who have been found guilty of a crime by a court of law and sentenced to imprisonment.

Prison-Management Tool

Technologies or methodologies adopted in correctional facilities to maintain order, enhance security, and improve rehabilitation outcomes.

Social Profile

An individual's distinctive character or qualities as perceived or presented in social contexts or platforms.

Child Molester

An individual who sexually abuses or exploits children.