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Which of the Following Statements A), B) or C) Is

question 4

Multiple Choice

Which of the following statements a) , b) or c) is false?


Definitions:

Thai Baht

The official currency of Thailand, used for financial transactions within the country.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Cash Inflows

The sum of funds entering a company, usually from operational, investment, and financial activities.

Exchange Rate

The worth of one currency when converted into another.

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