The effect on revenues and expenses from variations in the value of the U.S. dollar in terms of other currencies is called:
A) exchange rate risk
B) process risk
C) national risk
D) financial risk

Question

Quizplus · Accepted Answer

Fluctuations in the value of the U.S. dollar in relation to other currencies can have an impact on the revenues and expenses of a company due to changes in exchange rates. This is known as exchange rate risk.

The Effect on Revenues and Expenses from Variations in the Value