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andrew-mc [135]
4 years ago
15

Foreign exchange risk arises when:

Business
1 answer:
ivolga24 [154]4 years ago
6 0

Answer:

Business transactions are denominated in foreign currencies.

Explanation:

Foreign exchange can be referred to as the exchange of one country's currency for another currency. The exchange of these currencies occurs in an exchange market known as forex market.

Foreign exchange risk is a financial risk in which changes in the exchange rate may result in the loss of investment value or huge financial breakdown.

The most effective approach to preventing foreign exchange risks is for organizations to make and receive all forms of payment in their own currency.

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A source document should always do which of the following?
solniwko [45]

Answer:

record the date of the transaction

Explanation:

A pex

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3 years ago
HELP HELP HELP 10 POINTS HURRY ASP AHHH
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1 - Point-of-Sale Display
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4 years ago
Which of the following is NOT an important business process for managing the supply chain?
Dimas [21]

Answer: C. Responding to customer request promptly

Explanation: Supply chain management is the process of coordination of all incoming(inbound) and all outgoing logistics on order to ensure that the manufacturing operations are effectively handled. Supply chain management also involves management of process technology by ensuring that all spare parts and equipment are provided to ensure that manufacturing (Batch or continuous) is done properly.

7 0
4 years ago
On January 1, 2020, Pharoah Company, a calendar-year company, issued $1680000 of notes payable, of which $420000 is due on Janua
irinina [24]

Answer:

Option C.

Current liabilities, $420,000;

Long-term Debt, $1,260,000.

Explanation:

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Long Term Liability = $1,260,000

7 0
3 years ago
The stockholders of a construction firm decide to start a steel company, but they want to have limited liability. After completi
Serga [27]

Answer:

Corporation

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Corporation -

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They started the process after the completion of the plan , and payed the fees to the state government .

5 0
4 years ago
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