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    Exam 11: Multinational Accounting: Foreign Currency Transactions and Financial Instruments
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    Which of the Following Observations Is True of Futures Contracts
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Which of the Following Observations Is True of Futures Contracts

Question 9

Question 9

Multiple Choice

Which of the following observations is true of futures contracts?


A) Contracted through a dealer, usually a bank.
B) Customized to meet contracting company's terms and needs.
C) Typically no margin deposit required.
D) Traded on an exchange and acquired through an exchange broker

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