The Manager of the Foreign Exchange Office of a Multinational

question 115

Multiple Choice

The manager of the foreign exchange office of a multinational corporation could, in anticipation of a decline in the value of currency of one of its foreign accounts:

• A)borrow in that country and add to its account with that branch
• B)accelerate the timing of remitting on the payables of that foreign branch
• C)enter into a futures contract for delivery of that currency at today's rate
• D)shift funds from branches in other countries to that foreign branch

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Definitions:

Contact

A point at which two or more things come together, or a means of communication or interaction between people or organizations.

Defamation

The act of damaging someone's reputation by making false or harmful statements.

Publication

The act of making content available to the general public, typically through printing, broadcasting, or online media.

Liability

Liability is the legal responsibility for one's actions or for a particular outcome, often involving the obligation to pay damages or compensation.