Identify by Marking an X in the Appropriate Column, Whether

question 82

Essay

Identify by marking an X in the appropriate column, whether each of the following items would likely serve as a source document. The first one is done as an example.
$$\begin{array} { | l | l | l | l | } \hline & & \text { Yes } & \text { No } \\\hline \text { Ex. } & \text { Credit card } & & \text { X } \\\hline \text { a. } & \text { Credit card receipt } & & \\\hline \text { b. } & \text { Purchase order } & & \\\hline \text { c. } & \text { Invoice } & & \\\hline \text { d. } & \text { Balance sheet } & & \\\hline \text { e. } & \text { Bank statement } & & \\\hline \text { f. } & \text { Journal entry } & & \\\hline \text { g. } & \text { Telephone bill } & & \\\hline \text { h. } & \text { Employee earnings record } & & \\\hline\end{array}$$

---

Definitions:

American Call Option

A type of call option that can be exercised at any time before its expiration date for purchasing an underlying asset at an agreed-upon price.

Predetermined Price

A price agreed upon by all parties in a financial contract or transaction, set before any exchanges are made.

Security

A financial asset signifying either an equity stake in a corporation that's publicly traded (known as stock), a debt investment in a company or government (referred to as a bond), or entitlements to ownership through an option.

Put Option

This is a financial deal that permits the carrier to optionally sell a specified volume of an underlying asset at a designated price within an agreed timeframe, without mandatory action.