The Person Who Coordinates All Activities and Needs for an Organization's

question 116

Multiple Choice

The person who coordinates all activities and needs for an organization's database is the ________.

• A) database administrator
• B) database manager
• C) database analyst
• D) database master

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Definitions:

Forward Exchange Contract

An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.

Loss

A decrease in net assets or wealth, often realized when expenses exceed revenues or when assets lose value and is reflected in the financial statements.

Forward Exchange Contract

A financial contract between parties to exchange currencies at a predetermined rate on a specified future date.