In Considering Whether to Recognise Revenue When There Are Associated

question 46

Multiple Choice

In considering whether to recognise revenue when there are associated options:

• A) The probability of the exercise of the options must be considered.
• B) The probability of the exercise of the options must not be considered.
• C) Put options will always give rise to revenue, whereas call options will not.
• D) Call options will always give rise to revenue, whereas put options will not.
• E) None of the given answers.

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Definitions:

Class Definition

The code structure in object-oriented programming that specifies the attributes and methods of a class.

Private

An access modifier in Java that specifies that a member (method or variable) can only be accessed within its own class.

Driver Program

A piece of software designed to initiate and manage the operation of a specific hardware or software module.

Method Test

A procedure designed to validate the functionality of a specific method in a codebase, ensuring it operates as expected.