A US Company Buys from a Supplier Whose Currency Is Increasing

question 74

Multiple Choice

A U.S. company buys from a supplier whose currency is increasing against the dollar. Which of the following will the company most likely have to do if the purchasing price is expressed in the supplier's currency?

• A) pay less in dollars than originally expected
• B) pay more in dollars than originally expected
• C) pay the same amount of dollars as originally expected
• D) pay part of the transaction in the supplier's currency

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Definitions:

Participant

A person who takes part in something, such as an event, activity, or study.

Assessed

To be assessed means to be evaluated or measured in terms of performance, quality, or value.

Lateral Moves

A job change within an organization to a position of similar status and pay, offering professional growth without upward promotion.

Employee Development

Initiatives or programs within an organization aimed at enhancing the skills, knowledge, and abilities of its workforce.