If Payment on a Transaction Is to Be Made Immediately

question 2

Multiple Choice

If payment on a transaction is to be made immediately, the purchaser has no choice other than to buy foreign exchange on:

• A)the spot market.
• B)the forward market.
• C)a hedge.
• D)a future date invoice.
• E)an exchange rate pass-through.

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Definitions:

Organizational Setting

An organizational setting refers to the environment or context within which an organization operates, including its culture, structure, and processes.

Input Factor

A resource, material, or component that is used in the production of goods or services.

Task Performance

The execution or completion of a specific job or duty, often measured in terms of efficiency or success.

Member Satisfaction

The level of approval and contentment among members or participants of a group, often used as a measure of an organization's or program's effectiveness.