________ Occur as a Result of Changes in the Value

question 21

Multiple Choice

________ occur as a result of changes in the value of currency, whereas ________ occur as a result of ongoing business activities.

• A) Operating gains or losses; translation gains or losses
• B) Swap losses; translation gains or losses
• C) Translation gains or losses; operating gains or losses
• D) all of the above

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Definitions:

Lose

To be deprived of or cease to have or retain something, often used in contexts of competition or misplacement.

Breakeven

The point at which total cost and total revenue are equal, meaning there is no net loss or gain.

High Value

Referring to items or services deemed of significant worth, usually due to their quality, utility, scarcity, or demand.

Low Value

Refers to items or services that are considered to be of lesser worth or importance, either monetarily or in terms of utility.