What Is Meant by Translation Exposure

question 17

Multiple Choice

What is meant by translation exposure?

• A)The long-run effect of changes in exchange rates on future prices, sales, and costs
• B)The impact of currency exchange rate changes on the reported financial statements of a company
• C)The extent to which a firm's future international earning power is affected by changes in exchange rates
• D)The extent to which the income from individual transactions is affected by fluctuations in foreign exchange values
• E)The obligations for the purchase or sale of goods and services at previously agreed prices

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Definitions:

Capabilities

The ability or qualities necessary to do something effectively; often refers to the capacities of organizations or individuals to achieve their objectives.

Job Enrichment

An effort to motivate employees by enhancing the responsibility, scope, and interest of their jobs.

Behavioural Needs

The requirements that individuals have for personal growth, recognition, and achievement in their personal or work life.

Flextime

A flexible working hours policy allowing employees to adjust their start and end times within agreed limits based on their needs and preferences.