A Futures Contract

question 17

Multiple Choice

A futures contract

• A)is tailor-made to fit the needs of the buyer and the seller.
• B)has more credit risk than a forward contract.
• C)is marked to market more frequently than a forward contract.
• D)has a shorter time to delivery than a forward contract.
• E)has more price risk than a forward contract.

Understand the adaptations seed plants have developed for survival in terrestrial environments, including desiccation resistance.

Recognize the historical shifts in plant dominance throughout geological time and the factors driving these changes.

Analyze the relationship between plant evolution and environmental changes.

Discuss the significance of specific plant structures in reproduction and dispersal.

---

Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.

Note Disclosure

Supplementary information provided in financial statements, offering insight into accounting policies, risks, and uncertainties.

Contingent Asset

An asset that might come into existence subject to the occurrence of some uncertain future event.

AASB 137

The Australian Accounting Standards Board standard that specifies the accounting for provisions, contingent liabilities, and contingent assets.