If the Currency AUD/USD Moves from 0

question 40

Multiple Choice

If the currency AUD/USD moves from 0.9870-75 to 0.9364,there has been:

• A) an appreciation of the USD.
• B) appreciation of the AUD.
• C) a depreciation of the AUD.
• D) a change in the bid-offer spread.

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Definitions:

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.

Cumulative Voting

A method of voting used in corporate elections that allows shareholders to allocate their total votes in any proportion among candidates.

Articles Of Incorporation

A document that contains basic information about a corporation and is filed with the state.

RMBCA

Stands for the Revised Model Business Corporation Act, a template for state laws regulating the formation, operation, and dissolution of corporations.