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Section A (1 Mark)
The cumulative number of futures contracts that are not offset at any point in time is called:
A. Open interest.
B. Hedged position.
C. Margin
D. MARKED to the market position.
Answer: A
NEW QUESTION: 2
Margin accounts are mostly used by:
A. Speculators who think that their long run returns will be greater than the cost of borrowing
B. Traders who think that their long run returns will be greater than their cost of borrowing
C. All of the above
D. Investors who think that their long run returns will be greater than the cost of borrowing
Answer: C
NEW QUESTION: 3
One of the steps in drug utilization review (DUR) is defining optimal drug use, which can be accomplished by applying diagnosis criteria and drug-specific criteria. Drug-specific criteria are standards that identify the
A. appropriate dosages, duration of treatment, and other elements related to the use of a particular drug
B. cost-effectiveness of all possible drug treatments for a particular condition
C. actual prescribing and dispensing patterns for a particular drug
D. types of diseases, conditions, or patients for which a drug should be used
Answer: A
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