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    Intermediate Accounting Study Set 12
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    Exam 4: Complex Financial Instruments
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    A Futures Contract
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A Futures Contract

Question 66

Question 66

Multiple Choice

A futures contract


A) is not exchange traded, therefore does not have a ready market value.
B) exposes the contracting party to credit risk.
C) does not require a margin account to be established.
D) is standardized as to amounts and dates.

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