Which of the Following Variables Is Not Established on a Futures

question 41

Multiple Choice

Which of the following variables is not established on a futures contract?

• A)contract size
• B)price
• C)delivery date
• D)specified grade

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Definitions:

Zone of Tolerance

The range of service levels between the desired and adequate performance levels of customers, within which customers are willing to accept variations in service quality.

Service Delivery

The act of providing a service to customers or clients, encompassing the processes and interactions to meet their needs.

Communication Gap

A discrepancy or barrier in understanding between what is said and what is understood, often leading to misinterpretation or conflict.

Knowledge Gap

The difference between what is known and what needs to be known to effectively understand and perform tasks or make informed decisions.