What is meant by marking a position to market?
What will be an ideal response?
Marking a position to market means that periodically the market value of a portfolio must be determined. Thus, it can refer to the practice of reporting the value of assets on a market rather than book value basis. Marking to market can also refer to settling or reconciling changes in the value of futures contracts on a daily basis.
Business
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Merchandise inventory accounting systems can be broadly categorized into two types. They are ________
A) FIFO and LIFO B) perpetual and periodic C) wholesale and retail D) manufacturer and producer
Business
The privileges granted to owners that come with team ownership are called ______.
A. franchise rights B. territorial rights C. revenue sharing rights D. ownership committee rights
Business