Answer:
The correct option to the following question is CDO(Collateralized Debt Obligation).
Explanation:
CDO(collateralized debt obligations), is the financial tool that is used by the banks to repackage the individual loans into the product sold to the investors on secondary markets.
It developed as the instruments for corporate debts markets, after the year 2002, CDO became the vehicles for refinancing the mortgage backed the securities.
A CDO is the type of the structured asset backed security.
<span>C. a scientific article</span>
Answer:
The correct answer to the given question is option D) Any or all of the above.
Explanation:
A posting error is a type of error which is related to ledger and would include the errors like -
Posting wrong amount on the right side of account
Posting right amount on the wrong side of right account
Posting an amount twice and posting omission
Posting wrong amount to wrong side of right account
Posting correct amount on wrong account on right side
So by knowing all the given above points, it is quite clear that the correct option is D.
