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Exam Code: CAU201

Exam Name CyberArk Certified Network Associate (CyberArk Defender)

Certification Provider: CyberArk

Corresponding Certifications: CyberArk Defender , CyberArk Defender Routing and Switching

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NEW QUESTION: 1
Black Oil is an oil and gas exploration and production company. Black's management hedges its crude oil production using futures contracts. Which of the following would be the least likely method Black would use to close out the futures position?
A. Offsetting the transaction by shorting the oil futures contract on the same exchange.
B. Physically settling according to exchange rules.
C. Holding the cash settled future until expiration.
Answer: A

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