Which of the Following Pairs Is Not Correctly Matched

question 81

Multiple Choice

Which of the following pairs is not correctly matched?

• A)epidermis-thin outer membrane layer
• B)melanin-gives skin its color
• C)keratin-innermost layer, containing fatty tissue
• D)dermis-fibrous connective tissue layer

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Definitions:

Cash Flow Hedge

A form of hedge accounting that aims to reduce the exposure to variability in cash flows related to a specific risk.

Foreign Currency Option

A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

Fair Value

The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.