Translation Risk

question 134

Multiple Choice

Translation risk

• A) is a currency exchange risk resulting from translating values in foreign currencies to the home-country currency.
• B) is a credit type risk.
• C) is a currency exchange risk that arises when future payment in a foreign currency is involved.
• D) cannot be protected against.

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Definitions:

National Incident Management System (NIMS)

A standardized approach designed to enable government, private sector, and nongovernmental organizations to work together to manage domestic incidents.

Terrorist Attack

An act of violence or threat aimed at intimidating or coercing societies or governments, often for political, religious, or ideological purposes.

Federal Emergency Management Agency (FEMA)

A United States government agency tasked with responding to and managing major disasters and emergencies, especially those that overwhelm local and state resources.

Crisis Intervention

A short-term assistance provided to individuals facing acute mental health challenges, aiming to prevent prolonged distress and to stabilize the situation.