What Is the Term Used to Describe the Possibility That

question 43

Multiple Choice

What is the term used to describe the possibility that a foreign currency will decrease in U.S. dollar value over the life of an asset such as Accounts Receivable?

• A) Foreign exchange translation
• B) Foreign exchange risk
• C) Hedging
• D) Foreign currency options

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Definitions:

Wireless Tethering

A method to share a device’s mobile data connection with other devices via wireless LAN (Wi-Fi), allowing those devices to access the internet.

LEO Satellites

Low Earth Orbit satellites used for telecommunications, broadcasting, and satellite imaging, providing global coverage with lower latency.

Orbital Life

This term could refer to aspects related to living in orbit around Earth or other celestial bodies, including space stations, satellites, or future habitats in space.

GPS

Global Positioning System, a satellite-based navigation system that allows users to determine their exact location anywhere on Earth.