FIGURE WD 6-1 in Figure WD 6-1 Above, on the Far

question 22

Multiple Choice

FIGURE WD 6-1 In Figure WD 6-1 above, on the far right of the Ribbon, in the Size group, there are two figures. The figure 2.17 is the shape ____.

• A) height
• B) width
• C) diameter
• D) rotation setting

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Definitions:

Forward Contract

A bespoke contract involving two parties for the buying or selling of an asset at an agreed price on a designated future date.

Currency Option

An economic instrument granting the bearer the option to swap currencies at an established rate on a designated date, without the compulsion to proceed.

Foreign Exchange Gain

Profit realized from the conversion of foreign currency into the domestic currency at a higher exchange rate than when it was acquired.

Accounts Payable

A liability to a creditor, carried on an open account, usually for purchases of goods and services.