_____ Is a Measure of Quality Control Equal to 1

question 35

Short Answer

 _____ is a measure of quality control equal to 1 fault in 1 million opportunities.

---

Definitions:

Foreign Currency

Currency used outside the issuing country, not the domestic currency of the company conducting the financial transactions.

Foreign Exchange Gain

A profit resulting from changes in the exchange rate between the currency in which a transaction is denominated and the home currency.

Fair Value Hedge

A financial hedge that is used to mitigate the risks associated with the changes in the fair value of assets or liabilities or an identified portion of such assets or liabilities.