Which of the Following Is the Major Difference Between Forward

question 6

Multiple Choice

Which of the following is the major difference between forward and futures contracts?

• A) Futures contracts are more expensive than forward contracts.
• B) Forward contracts are available only for foreign currencies.
• C) Futures contracts are always delivered.
• D) Forward contracts are not marked to market.

Grasp the critical aspects that must be considered when developing an effective merit system.

Understand the use of basic Excel functions and formulas (e.g., IF, DATE, YEAR).

Know how to manipulate and format data in Excel charts and tables.

Learn how to manage and optimize Excel workbook performance.

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Definitions:

Inventory

Goods and materials held by a business for the purpose of sale or production.

Trade or Business

Trade or Business refers to any activity conducted for profit or livelihood, including goods and services production, buying, selling, or providing services.

Ordinary Loss

A loss incurred in the regular operation of a business or the sale of assets used in the business that can be fully deducted in the year it occurs.

Capital Loss

The loss incurred when a capital asset is sold for less than its purchase price.