The Following Are the Net Currency Positions of a U

question 65

Multiple Choice

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . $\begin{array}{lrrrr}\text { Currency} &\text { Assets } & \text { Liabilities } & \text { FX Bought } & \text { FX Sold } \\\text { British pound} &24,600 & 70,000 & 170,400 & 321,000 \\\text { Yen} &31,000 & 20,400 & 250,000 & 220,000 \\\text { Swiss franc} &10,200 & 9,800 & 8,000 & 10,800\end{array}$ What is the FI's net exposure in the Japanese yen?

• A)+30,000.
• B)+40,600.
• C)-19,400.
• D)-40,600.

Understand the process of developing sound study habits and effective learning strategies.

Recognize the role of heredity and environment in shaping behavior.

Identify different psychological perspectives and their approaches to understanding human behavior.

Grasp the concept of psychological diversity and its significance in psychological science.

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Definitions:

Sales

The transactions involving the exchange of goods or services for money, constituting the primary revenue for most businesses.

Price Variance

The difference between the actual cost of a product or service and its standard or expected cost.

Price

The amount of money expected, required, or given in payment for something.

Fixed Budget Performance Reports

Financial reports comparing actual results to a plan that does not change, regardless of the level of activity.