Examlex
Which of the following completes the sentence,'The Google Documents software that enables multiple users in different locations to work on the same file is an example of________'?
Forward Contract
A financial contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today, not traded on an exchange.
Exchange Gain
A profit resulting from foreign currency transactions when the value of the currency received is higher than the value of the currency exchanged at the transaction rate.
Spot Rate
The current market price for immediate settlement of a currency exchange, commodity, or security.
Singapore Dollars (SGD)
The official currency of Singapore, represented by the symbol S$.
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