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Sally Ferguson, CFA, is a hedge fund manager. Ferguson utilizes both futures and forward contracts in the fund she manages. In speaking with a client, Ferguson makes the following statements to answer their questions about futures and forward contracts:
Statement 1:A futures contract is an exchange traded instrument with standardized features.
Statement 2:Forward contracts are marked-to-market on a daily basis to reduce credit risk to both counter parties.
Indicate whether Statement 1 and Statement 2 are most likely correct or incorrect.
A. Only Statement 2 is correct.
B. Only Statement 1 is correct.
C. Both statements are correct.
Answer: B

NEW QUESTION: 2
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Based on the information in the attached screenshot, what XML configuration would you use to configure propagation mapping?
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B. <propagation-mapping foundation-field="location.standardHours" hrisfield="jobInfo.externalCode" />
C. <propagation-mapping foundation-field="location.externalCode" hrisfield="jobInfo.externalCode" />
D. <propagation-mapping foundation-field="location.externalCode" hrisfield="jobInfo.location" />
Answer: D

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The first phase in the operation life history of a population of product units is typically called:
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C. Transition phase.
D. Debugging phase.
Answer: D