A Contract That Requires the Investor to Sell Securities on a Future

question 51

Multiple Choice

A contract that requires the investor to sell securities on a future date is called a ________.

• A)short contract
• B)long contract
• C)hedge
• D)micro hedge

---

Definitions:

Beginning Inventory

The financial value of stock prepared for transaction at the start of a bookkeeping period.

Worksheet

An informal document used within an accounting system to collate all data for financial statements preparation, aiding in the adjustment and closing process.

Merchandising Company

A business that sells finished goods to consumers, making profits through the buying and selling activities.

Inventory

The total of all goods available for sale or use, including raw materials, work-in-progress, and finished goods.