Solved

Which of the Following Terms Represents an Increase in Foreign

Question 27

Multiple Choice

Which of the following terms represents an increase in foreign currency value relative to the U.S. dollar between the dates of purchase and payment?


A) Exchange decrease
B) Exchange translation
C) Exchange loss
D) Exchange gain

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents