Which of the following refers to the extent to which the reported consolidated results and balance sheets of a corporation are affected by fluctuations in foreign exchange values?

Question

Quizplus · Accepted Answer

Foreign exchange risk is usually divided into three main categories: transaction exposure, translation exposure, and economic exposure. Translation exposure refers to the extent to which the reported consolidated results and balance sheets of a corporation are affected by fluctuations in foreign exchange values.

Which of the Following Refers to the Extent to Which