Which Is Not a Characteristic of an Effective Summary Table

question 104

Multiple Choice

Which is not a characteristic of an effective summary table?

• A)The main point should be clear within 10 seconds.
• B)Data to be compared should be displayed in rows, not columns.
• C)Data should be rounded to three or four significant digits.
• D)Use space instead of lines to separate columns.

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Definitions:

Futures Contracts

Legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Standardized

Made uniform in format and structure, facilitating comparison and assessment across different instances or entities.

Forward Contracts

A non-standardized agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Financial Futures

Standardized contracts to buy or sell financial instruments or physical commodities for future delivery at an agreed price.