When Currency Options Are Not Standardized and Traded Over-The-Counter, There

question 96

Multiple Choice

When currency options are not standardized and traded over-the-counter, there is ____ liquidity and a ____ bid/ask spread.

• A) less; narrower
• B) more; narrower
• C) more; wider
• D) less; wider

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Definitions:

Noncontrolling Interest

Noncontrolling interest, also known as minority interest, represents the portion of a subsidiary company’s equity that is not owned by the parent company.

Acquisition Method

An accounting technique used in consolidating the financial statements of a group of companies when one acquires control over the other.

Consolidated Net Assets

The total assets minus total liabilities of a company and its subsidiaries, reported as a single figure in consolidated financial statements.

Common Stock

A type of equity security that represents ownership in a corporation, with the right to share in dividends and the right to vote in company affairs.