Futures Contracts __________ Traded on an Organized Exchange, and Forward

question 55

Multiple Choice

Futures contracts __________ traded on an organized exchange, and forward contracts __________ traded on an organized exchange.

• A) are not; are
• B) are; are
• C) are not; are not
• D) are; are not
• E) are; may or may not be

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Definitions:

Efficiency

The ratio of the output to the input of any system, indicating how well resources are utilized.

Measure

A method or standard used for quantifying attributes or performance in order to assess, compare, or track efficiency or progress.

Volume

The amount of space that a substance or object occupies or that is enclosed within a container.

Culture Management

The process of directing and controlling the cultural aspects within an organization, including values, beliefs, and behaviors.