​Appreciation in a Firm's Local Currency Causes A(n) ____ in Cash

question 17

Multiple Choice

​Appreciation in a firm's local currency causes a(n) ____ in cash inflows and a(n) ____ in cash outflows.

• A) ​reduction; reduction
• B) ​increase; increase
• C) ​increase; reduction
• D) ​reduction; increase

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Definitions:

Need for Achievement

A psychological trait that drives individuals to pursue and attain challenging objectives.

Avoid Risks

A strategy or approach aimed at minimizing potential losses or negative outcomes by not engaging in actions that are perceived to carry risk.

Working in Teams

The collaborative effort of a group of people to achieve a common goal or complete a task in the most effective and efficient way.

Learned Needs

Needs that are acquired or developed over time as a result of life experiences, cultural exposure, or the influence of social interactions.