Which of the Following Is Not a Major Function of the Clearing

question 22

Multiple Choice

Which of the following is not a major function of the clearing house:

• A)establish and collect deposits.
• B)determine the price of all futures contracts.
• C)call in margins as required.
• D)apportion the gains and losses.

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Definitions:

Modified Contingency

A concept in management where strategies are adjusted based on the situational variables and contexts involved.

Closed Systems

Refers to systems that are not influenced by or do not interact with their environment.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty.

Employee Needs

include the various psychological and physical requirements that must be met to ensure satisfaction and productivity of workers.