The Current Exchange Rates Show That C$1

question 267

Multiple Choice

The current exchange rates show that C$1.00 = US$0.9672. If you have $120 Canadian dollars, what is the equivalent amount in US dollars?

• A) US$116.06
• B) US$143.71
• C) US$124.07
• D) US$83.50
• E) US$100

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Definitions:

Decision Rights

The authority granted to individuals or groups to make choices regarding the allocation of resources, execution of tasks, or direction of strategies.

Relevant Information

Data or facts that can influence the outcome of a decision and should be considered when making choices.

Organizational Design

The process of structuring an organization in terms of its workflow, systems, and processes to achieve its objectives and maximize efficiency and effectiveness.

Decision Maker

An individual or entity responsible for making choices or decisions, often in a business or organizational context.