An Exchange Rate

question 80

Multiple Choice

An exchange rate

• A)is the cash amount received from a customer who takes advantage of a cash discount.
• B)is the value of one currency in terms of another currency.
• C)seldom varies from one accounting period to the next.
• D)is ignored by multinational companies.

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Definitions:

Redirect Question

is a communication technique used to change the subject or focus of a conversation, often employed in interviews or negotiations.

Direct Question

A straightforward query that aims to gather specific information from the respondent.

Nondirective Question

A type of open-ended question that encourages respondents to share their thoughts and feelings without leading them in a specific direction.

Non-Directive Question

An open-ended question designed to encourage a full, meaningful answer based on the respondent's thoughts and feelings.