The Largest Trading of Foreign Exchange Occurs in

question 38

Multiple Choice

The largest trading of foreign exchange occurs in

• A) New York.
• B) London.
• C) Tokyo.
• D) Frankfurt.
• E) Singapore.

---

Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Prepaid Insurance

Insurance premiums paid in advance for coverage that extends into future accounting periods.

Goniometer

A protractor device that measures range of motion.

Spinal Curve

The natural curvature of the spine viewed from the side, which includes the cervical, thoracic, lumbar, and sacral curvatures.