Which of the Following Job Positions Is a Line Function

question 110

Multiple Choice

Which of the following job positions is a line function?

• A)financial vice president
• B)controller
• C)production supervisor
• D)treasurer

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Definitions:

Call Option

A monetary agreement allowing the possessor the choice, yet not the compulsion, to acquire a stock, bond, commodity, or any other asset for a prearranged price within a set interval.

Out-Of-The-Money

A term used in options trading to describe an option that has no intrinsic value. For a call option, this is when the strike price is above the market price of the underlying asset; for a put option, it's the opposite.

Exercising Option

The act of utilizing the right to buy or sell an underlying asset at a predetermined price before the expiration date.