In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
<h3>What are forward and futures contracts?</h3>
The difference between a forward and futures contract lies in their establishment.
A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.
Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
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Answer:
Direct material quantity variance= $2,170 unfavorable
Explanation:
<u>To calculate the direct material quantity variance, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (2*5,000 - 10,310)*7
Direct material quantity variance= $2,170 unfavorable
Answer:
<em>False</em>
Explanation:
I jus got it right on the assignment.
True! Instances of babies that are treated poorly both mentally and physically can equally affect the mental health of that child as they grow up.