________ are transactions for which there are, at present, no contracts or agreements between parties.
A) Backlog exposure
B) Quotation exposure
C) Anticipated exposure
D) none of the above

Question

Quizplus · Accepted Answer

Anticipated exposure refers to potential transactions or business deals for which no contracts or agreements currently exist. This type of exposure can arise from various sources such as changes in economic or political conditions, unexpected events, or shifting market trends. It is important for companies to manage their anticipated exposure effectively to minimize risk and ensure financial stability. Backlog exposure refers to orders that have been received but not yet fulfilled, while quotation exposure refers to risks arising from currency fluctuations between the time a quote is given and the time that payment is made.

________ Are Transactions for Which There Are, at Present, No