If a Sale on Account by a U

question 21

Multiple Choice

If a sale on account by a U.S.company is made with a foreign company,and the U.S.company has no foreign currency risk,then

• A)the U.S.company has measured the transaction in U.S.dollars.
• B)the U.S.company has denominated the transaction in U.S.dollars.
• C)the foreign company has measured the transaction in their own currency.
• D)the foreign company has denominated the transaction in their own currency.

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Definitions:

Invention

The creation of a new product, process, or idea.

Creative Destruction

A process where new innovations lead to the demise of older economic structures and systems, fostering new growth and value creation.

Innovation

The process of translating an idea or invention into a good or service that creates value for which customers will pay.

Successful Commercial

An advertisement or marketing campaign that achieves its intended goals, such as increasing sales or brand awareness.