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ANEK [815]
3 years ago
12

A forward contract is described by:_______.

Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

Agreeing today to buy a product at a later date at a price set today.

Explanation:

Forward contract can be described as a type of contract that exists between two parties. Both parties agree on a specific and defined price to buy and sell their assets at a later date. The specific price agreed upon by the both the buyer and seller is known as forward price.

It is necessary for the buyer and seller to ensure the forward contract is completed before the fixed date to prevent problems that might arise. The advantages of this type of contract include: consistency in the price agreed upon by both parties, downside risks are prevented due to the ability to determine future rate.

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The source document we would create to collect cost information in a "Job Order Cost System" is? a labor distributed sheet
omeli [17]

The source document that can be used in the recording of the costs that are incurred in the job order system is known as the<u> cost sheet.</u>

Job order cost system simply means a system that takes place when customers order unique and few batches of products.

It should be noted that the job order costing determines the price of each individual product and is also vital as it ensures that the cost for each product is reasonable enough for the customers to buy it. The cost sheet is required in this case for recording.

Read more about source document on:

brainly.com/question/25798004

4 0
2 years ago
Guiding, teaching, and supervising employees are activities associated with:
Yakvenalex [24]
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4 years ago
our business plan calls for sales of $45,000 in year 1 with compound growth of 30% per year thereafter. What are your projected
Law Incorporation [45]
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3 years ago
The time lag for monetary policy is typically ________________ the time lag for fiscal policy.
STALIN [3.7K]

Answer:

a) Longer than fiscal policy

Explanation:

A simple explanation for this is the fact that fiscal policies directly affects the spending of individuals or governments. As such, a cut in taxes for example will immediately make people better off with more disposable income that they can spend immediately.

Monetary policy usually is a long term effect as for example a change in interest rates may not affect people immediately as they may have already borrowed at a previous rate and would need to refinance to take advantage of this new rate which may take time. Furthermore, people generally tend to wait and see for future options before making decisions on money matters.

So, comparatively monetary policy may take a little longer.

Hope that helps.

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Whose responsibility is it to control shrink apple question?
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