The Australian Bureau of Statistics (ABS) Compiles Information About Employment

question 8

Multiple Choice

The Australian Bureau of Statistics (ABS) compiles information about employment by

• A) performing a census of every household in the nation.
• B) determining the average estimate of labour market specialists around the nation.
• C) performing a monthly survey of 27,000 households.
• D) performing a quarterly survey of 270,000 households.
• E) None of the above.

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Definitions:

Foreign Currency Risk

The possibility of losing value due to changes in the exchange rate between two currencies.

Fair-value Hedge

A strategy used in accounting to mitigate the risk of changes in the fair value of an asset, liability, or firm commitment through derivative contracts.

Cash-flow Hedge

A hedge of the exposure to variability in cash flows that is attributable to a particular risk associated with an asset or liability or a forecasted transaction.

Purchase Order

An official document issued by a buyer committing to pay the seller for the sale of specific products or services.