________ are transactions for which there are, at present, no contracts or agreements between parties.

Question

Quizplus · Accepted Answer

Anticipated exposure refers to transactions for which there are currently no contracts or agreements between parties, but for which there are expected future cash flows or obligations. This type of exposure arises from anticipated future transactions, such as future purchases or sales, and can be difficult to manage or hedge against due to the absence of current contractual obligations. Backlog exposure refers to transactions that are already contracted but have not been completed or delivered, while quotation exposure applies to transactions for which a firm has submitted a quote or proposal but has not yet received confirmation of the order.

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