Examlex
Some learners have to get their hands on the training resources and use them. Which of the following words best describes them?
Gross Profit
The financial gain made after subtracting the cost of goods sold from revenue, indicating the efficiency of a company in managing its production and labor costs.
Fair Value Hedge
A hedge of the exposure to changes in fair value of a recognized asset or liability or an identified portion of such an asset or liability that is attributable to a particular risk.
Cash Flow Hedge
A hedge of the exposure to variability in cash flows that is attributable to a particular risk associated with a recognized asset or liability, or a highly probable forecast transaction.
Exposure Hedge
A financial strategy utilized to minimize the risk associated with exposure to adverse movements in foreign exchange rates, interest rates, or commodity prices.
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