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    Australian Financial Accounting Study Set 1
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    Exam 12: Set-Off and Extinguishment of Debt
  5. Question
    A Futures Contract Is an Example of a Financial Instrument
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A Futures Contract Is an Example of a Financial Instrument

Question 45

Question 45

True/False

A futures contract is an example of a financial instrument where the net amount of a financial asset and a financial liability may be presented in the statement of financial position.

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