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What is the underlying asset in a futures options contract?
Processing Departments
Divisions within a manufacturing facility where specific processes are performed on products in their production stages.
Process Cost System
A cost accounting system used to apply costs to similar products that are produced in a continuous fashion.
Identical Units
Units of product that are uniform in nature and interchangeable with each other in the manufacturing process.
Continuous Basis
Operations or processes that are carried out without interruption, constantly over time.
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