Which of the Following Is Considered an Organized Stock Exchange

question 18

Multiple Choice

Which of the following is considered an organized stock exchange?

• A)New York Stock Exchange (NYSE)
• B)National Association of Security Dealers Automated Quotation System (NASDAQ)
• C)Over-the-Counter (OTC) market
• D)All of the above are organized exchanges.
• E)None of the above is an organized exchange.

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Definitions:

Transactions

Transactions refer to the exchange of goods, services, or financial assets in business activities.

Journal Entries

The method of recording financial transactions in an accounting system, where each transaction is entered twice to maintain the balance of the accounting equation.

Transactions

The events or interactions between businesses or individuals that have economic substance and can be measured in terms of money.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting entries are in balance.