Taking into account the statement above "Frankfurter Company, a U.S. company, had a ruble receivable from exports to Russia and a euro payable resulting from imports from Italy. Frankfurter recorded foreign exchange loss related to both its ruble receivable and euro payable. Did the foreign currencies increase or decrease in dollar value from the date of the transaction to the settlement date?" the answer is C. Decrease increase.
The answer is option D "a document made by someone who actually saw an event." A primary source would be like a witness during a event. They can give reliable information on what happened during that event. Main primary sources are: documents, pictures or photographs, and objects that can explain what happened during a event.
Hope this helps!
The answers are 1. A
2.D
3.E
4.B
5.C
