Harvest Fields Sold Ten September Futures Contracts on Oats

question 63

Multiple Choice

Harvest Fields sold ten September futures contracts on oats. Harvest Fields will:

• A)pay for the oats in September.
• B)take delivery of the oats in September.
• C)pay for the oats now and take delivery in September.
• D)receive payment now and deliver in September.
• E)both receive payment and deliver in September.

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Definitions:

Fight Crime

The actions and strategies implemented by law enforcement and communities to reduce or prevent criminal activities.

Job Rotation

The practice of moving employees between different tasks or roles within an organization to promote versatility, prevent job boredom, and enhance skills.

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A systematic process of collecting and interpreting information about the duties, responsibilities, necessary skills, outcomes, and work environment of a particular job.

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The process of defining the specific skills, behaviors, and attitudes that contribute to effective performance in a job or organization.