Which Area of Law Is Most Likely to Impact Directly

question 152

Multiple Choice

Which area of law is most likely to impact directly the finance and accounting departments of a company?

• A) products liability
• B) employment discrimination
• C) credit regulation
• D) environmental law
• E) all of these are likely to impact about the same

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Definitions:

Foreign Currency

Currency used in a country other than one's own, representing the medium of exchange in that foreign country.

Forward Market

A type of financial market where contracts for future delivery of goods, services, or financial instruments are traded.

Discount

A reduction from the usual cost of something, often used to encourage sales or provided as an incentive for early payment.

Direct Quote

A monetary exchange rate where the domestic currency is quoted per each unit of a currency from another country.