Option Trading Is Regulated by the

question 46

Multiple Choice

Option trading is regulated by the

• A) Options Clearing Corporation.
• B) International Securities Exchange.
• C) Securities and Exchange Commission.
• D) Federal Reserve.

---

Definitions:

Reversing Entries

Journal entries typically made at the beginning of an accounting period to negate certain adjusting entries made in the previous period for the sake of simplicity in accounting.

Accrue Salary Expense

The process of recognizing salaries incurred by employees during a period but not yet paid by the company.

Salaries Payment

The process of distributing money to employees as compensation for their work.

Prepaid Subscriptions

Payments made in advance for subscription-based services, recognized as an asset until the service period has been fulfilled.