Choose the Word or Phrase in [ ] Which Will

question 72

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The [primary | secondary] market is where new securities are sold to the public.

---

Definitions:

Industrial Products Division

A subsection of a company focused on the production and sale of goods used in industrial and commercial applications.

Transfer Price

The price charged for goods or services transferred between departments or divisions within the same company.

Variable Cost

A cost that varies directly with the level of output or production, such as raw materials or direct labor costs.

Division Delta

A specific division, unit, or segment within a larger organization, identified by the designation "Delta."