WebGet updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts. Web1.2.1 Step one: Determine the unit (s) of account. The first step in evaluating the appropriate accounting for a commodity contract is to determine the unit (s) of account. The unit of account will depend on the nature of the agreement and may be impacted by the accounting model applied to components of the contract, as established in Step two ...
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