The Principle of Cross- Cutting Relationships Which States That a Geologic

question 42

Multiple Choice

The principle of cross- cutting relationships which states that a geologic feature that cuts across another feature must be younger than the feature it cuts is important because______ .

• A) it provided a way to recognize if rocks had been deformed
• B) it provided a tool for sorting out the relative timing of various geologic events
• C) it allowed geologists to correlate rock units over large distances
• D) it showed that igneous rocks were younger than sedimentary rocks

Understand the basic concepts and mechanisms of arbitrage opportunities in futures and spot markets.

Identify and calculate the appropriate futures prices to prevent arbitrage opportunities based on interest rate differentials and exchange rates.

Describe the characteristics and contract specifications of various stock index futures.

Analyze the impacts of changes in futures prices on hedging strategies and portfolio management.

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Definitions:

Days' Sales

A financial ratio that calculates the average time it takes for a company to convert its inventory into sales.

Average Inventory

The mean value of inventory within a certain period, calculated to help understand inventory levels and turnover.

Ending Inventory

The total value of all inventory a company has on hand at the end of its financial period.

Perpetual System

A perpetual system is an inventory management approach that continuously tracks inventory levels and costs, updating records with each purchase and sale.