Commodity and Derivative Markets

question 68

Multiple Choice

Commodity and derivative markets:

• A) are sources of financing.
• B) enable the financial manager to adjust the firm's exposure to various business risks.
• C) are always over-the-counter markets.
• D) all of these.

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Definitions:

Personal Finance

The management of financial activities such as savings, investment, and budgeting by an individual or a household.

Checkbooks

Books containing blank checks connected to a checking account, allowing the account holder to write checks for financial transactions.

Investments

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Package

Common term for an integrated group of computer programs developed by a vendor and available for purchase in prepackaged form.