In Petaluma,California,electric Power Is Provided to Consumers by Pacific Power

question 9

Multiple Choice

In Petaluma,California,electric power is provided to consumers by Pacific Power.Each month Pacific Power mails bills to 86,000 households and then processes payments as they are received.What is the best way for this business to ensure that payment data entry is efficient and accurate?

• A) well-designed paper forms
• B) source data automation
• C) turnaround documents
• D) sequentially numbered bills

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Definitions:

Arbitrage Profit

The profit realized from exploiting the price difference of the same or similar financial instruments on different markets or in different forms.

Stock Index

A statistical measure which tracks the performance of a basket of stocks, representing a segment of the stock market.

T-bond Futures

Futures contracts that obligate the buyer to purchase U.S. Treasury bonds at a specified price at a future date, used for hedging and investing purposes.

Issuing Bonds

The process by which corporations or governments raise capital by selling debt securities, promising to repay the principal amount with interest at a later date.