Alternative Exchange Rates That Can Be Used to Translate Foreign

question 13

Multiple Choice

Alternative exchange rates that can be used to translate foreign currency amounts are:

• A) historical or average.
• B) opening or closing.
• C) all of the above.
• D) none of the above.

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Definitions:

Contingency Theories

A group of leadership theories that propose the effectiveness of a leader is contingent upon the match between the leader’s style and the specific situation.

Descriptive

Descriptive pertains to explaining or detailing the characteristics, features or aspects of something without expressing any judgment or opinion.

Prescriptive

Offering or providing recommendations or guidelines on how something should be done.

Specialized Role

A position that requires specific skills and knowledge, tailor-made to perform particular tasks within an organization.