Author Question: Deciding which exchange rate should be used in the presentation of financial statements A) is a ... (Read 170 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
Deciding which exchange rate should be used in the presentation of financial statements
 A) is a rather straight forward decision.
  B) is called exchange rate risk.
  C) is called market-based exposure.
  D) is called balance sheet exposure.

Question 2

A flexible exchange rate regime
 A) does not describe the regime follow by the European Central Banks.
  B) keeps the exchange rate fixed but lets the price of gold fluctuate
  C) allows a currency to float
  D) none of these choices.



ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library