Which One of the Following Stock Index Futures Has a Multiplier

question 14

Multiple Choice

Which one of the following stock index futures has a multiplier of $10 times the index value?

• A) Russell 2000
• B) Dow Jones Industrial Average
• C) Nikkei
• D) DAX-30
• E) NASDAQ 100

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Definitions:

Cost Driver

A factor that causes a change in the cost of an activity or product.

Cost Allocation Process

The procedure of identifying, aggregating, and assigning costs to cost objects, such as products, services, or departments.

Journal Entries

Records of financial transactions in the double-entry bookkeeping system, indicating the accounts and amounts to be debited and credited.

Reciprocal Services Method

An approach used to allocate costs between different departments within a company that provide services to each other, maintaining a balanced internal economy.