Which One of the Following Is a True Statement

question 79

Multiple Choice

Which one of the following is a true statement?

• A) A margin deposit can only be met by cash
• B) All futures contracts require the same margin deposit
• C) The maintenance margin is the amount of money you post with your broker when you buy or sell a futures contract
• D) The maintenance margin is the value of the margin account below which the holder of a futures contract receives a margin call

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Definitions:

Trade Customs

Practices and guidelines established by conventions between parties in a particular trade or industry.

Cost Accounting

The process of recording, classifying, analyzing, and allocating all costs associated with a process, product, or project.

Materials Rejected

Refers to goods or supplies that fail to meet the quality or specification requirements and are therefore not accepted by the buyer or receiving entity.

Common Causes

Factors or conditions that consistently contribute to an outcome or result, often assessed in process improvement and quality control.