<u>If the exchange rate between the U.S. dollar and </u><u>Japanese </u><u>yen changes from</u><u> $1 = 100 yen</u><u> to </u><u>$1 = 90 yen,</u><u> then: Japanese tourists to the U.S. will benefit.</u>
What happens in the foreign exchange market when a surplus of dollars exists?
- The supply and demand of each currency must be equal in order for the foreign exchange market to be in equilibrium, as it is in every market.
- Until equilibrium is reached, the exchange rate will change according to whether there is a surplus or shortage on the market.
What connection exists between the supply of foreign currency and the exchange rate?
- This decreases demand for exports and reduces the amount of foreign currency available, much like how domestic goods become more expensive for foreign consumers when the foreign exchange rate declines.
- As a result, there is a direct connection between the supply of foreign currency and the foreign exchange rate.
Learn more about foreign exchange
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Answer:
The answer is C. goods have been transferred from the seller to the buyer
Explanation:
Revenue Recognition states one should recognize revenue when it is earned and not only when cash is received.
Option C. is correct.
When goods have been transferred from the seller to the buyer, it means the buyer has bought something and the ownership and risk for the asset have been transferred to the seller. Well, this doesn't say whether cash is received at the point of exchange or not but revenue has been earned.
Option A is wrong. This transaction affects accounts receivable because revenue for this must have been collected before
Its actually <em><u>A) Office Managers and Human Resource workers</u></em>
Answer:
D is the correct answer.
Explanation:
It is an important part of some qualitative research philosophies especially for those in which interviews and observations need to be taken. It is also known as mind mapping or Phenomenological reduction. The purpose of this technique is to develop a non-judgmental research team, whose preconceived notions won't affect the perception of the phenomenon. This must be done with care.
