________ Occur as a Result of Changes in the Value

question 21

Multiple Choice

________ occur as a result of changes in the value of currency, whereas ________ occur as a result of ongoing business activities.

• A) Operating gains or losses; translation gains or losses
• B) Swap losses; translation gains or losses
• C) Translation gains or losses; operating gains or losses
• D) all of the above

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Definitions:

Marginal Revenue

The additional income gained from selling one more unit of a product or service.

Marginal Cost

The supplementary expenditure arising from the creation of an additional unit of a good or service.

Total Revenue

The entire amount of income generated by the sale of goods or services related to the company's primary operations.

Variable Costs

Costs that vary directly with the level of production, such as materials and labor directly involved in manufacturing.