Answer:
Foreign Exchange Management (FEM) is the core issue in international finance in that it helps facilitate external trade and maintenance of foreign exchange.
FEM is a tool used by Central bank to adjust currency flows to offset the international exchange of funds thereby effecting balance of payment equilibrium.
Explanation:
Foreign exchange management is a protective measure against the adverse impact of unanticipated changes in exchange rates. It is at the core of International Finance.
The central bank liaises with the International Monetary Fund, World Bank and other financial bodies to hedge against these unanticipated changes as a way of stabilizing exchange rates.
The balance of payments does not impact the exchange rate in a fixed-rate system because central banks adjust currency flows to offset the international exchange of funds.
Answer:
Composure and time management
Explanation:
these are realistic goals that people can reach and will have a positive outcome (do you mind following)
Answer:
A.recognizes revenue and gross profit each period based upon progress.
Explanation:
The percentage of completion approach is an accounting technique used to recognize revenue in ongoing projects. Revenue from long term contracts is calculated based on the percentage of work completed in a period. This method is applied when payments are assured, and the percentage of work done can be estimated with some degree of accuracy.
The percentage of completion is mostly used in construction industries, but the concept can be used in many projects. The method compares the revenues and expenses of a project against the percentage of work completed in the financial period. The percentage of completion method contrasts with the completed contract method that recognizes income upon completion of a project.
An economy that is neither growing nor shrinking is usually said to be in a period of stagnation.
