A Major Difference Between Foreign Currency Futures Contracts and Forward

question 15

Multiple Choice

A major difference between foreign currency futures contracts and forward contracts is that forward contracts are ________.

• A) sold by government agencies
• B) created by banks
• C) created by writers
• D) marketed on the over-the-counter market

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Definitions:

Organization Strategic Plan

An Organization Strategic Plan is a document that outlines an organization's long-term goals and the strategies it will use to achieve them.

IS Strategic Plan

Information Systems Strategic Plan; a document outlining an organization's strategy regarding the use and management of information systems to achieve its business goals.

IT Architecture

The design and organization of computer systems, including hardware, software, data, and networking components, in order to meet the goals and requirements of a business.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance payments.