Which of the Following Would Most Effectively Be Used to Select

question 10

Multiple Choice

Which of the following would most effectively be used to select XBRL tagging software?

• A)Expectancy theory
• B)Weighted-rating model
• C)COSO enterprise risk management framework
• D)Accounting cycle

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Definitions:

Maturity

Specified date at which the principal amount of a bond is paid.

Payoff Profile

A plot showing the gains and losses that will occur on a contract as the result of unexpected price changes.

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Option Contract

An option contract is a financial derivative that confers the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.