Ray, a Marketer at a Global Firm, Monitors the Exchange

question 13

Multiple Choice

Ray, a marketer at a global firm, monitors the exchange rate of countries in which the firm sells its products.Ray is most likely concerned about changes in ________.

• A)operating expenses
• B)exporting policies
• C)product demand
• D)quality control

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Definitions:

Extraordinary Loss

Unusual and infrequent charges that are reported separately on a company's income statement, outside of its regular business operations.

Discontinued Operations

Refers to segments or lines of business that a company has decided to sell, dispose of, or otherwise cease operations, and are reported separately from continuing operations in financial statements.

Disposal

The act of getting rid of an asset through sale, exchange, retirement, or destruction.

Continuing Operations

The segments or activities of a business that are expected to continue for the foreseeable future, distinguishing from those being discontinued or sold.