The CME Weather Futures Contract Is an Example of ________

question 40

Multiple Choice

The CME weather futures contract is an example of ________.

• A) a cash-settled contract
• B) an agricultural contract
• C) a financial future
• D) a commodity future

---

Definitions:

Output

The result or effect of a process, often referring to the signals or data sent by a system to actuate devices or display information.

Coil Symbols

In ladder logic or electrical schematics, coil symbols represent the output of a circuit and are controlled by the preceding contacts.

Internal Control Relay

A virtual relay used within a PLC program to perform logic operations without physical hardware.

Output Field Device

Output field devices are components in a control system that receive signals from a controller to perform actions, such as actuators, valves, or lights, translating control signals into physical operations.