Which of the Following Statements Is True

question 71

Multiple Choice

Which of the following statements is true?

• A)In equity markets, delivery and cash settlement normally occur two business days after the spot agreement.
• B)In equity markets, delivery and cash settlement normally occur three business days after the spot agreement.
• C)In equity markets, delivery and cash settlement normally occur four business days after the spot agreement.
• D)In equity markets, delivery and cash settlement normally occur five business days after the spot agreement.

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Definitions:

Employees

Individuals hired by an organization or company to perform specific duties.

Policy Makers

Individuals or groups responsible for creating and implementing laws, regulations, or guidelines within an organization or government.

Operating Personnel

Workers directly involved in the operation and functioning of machinery, equipment, or systems within an organization.

Developmental Process

A series of steps or stages that result in growth, progress, or evolution in an individual, organization, or product.