Which of the Following Statements Is True of the Relationship

question 59

Multiple Choice

Which of the following statements is true of the relationship between foreign currency transactions, exchange rate changes, and foreign exchange gains and losses?

• A) In an export sales, depreciation of the foreign currency causes a foreign exchange gain.
• B) In an import purchase, appreciation of the foreign currency causes a foreign exchange gain.
• C) In an import purchase, depreciation of the foreign currency causes a foreign exchange loss.
• D) In an export sales, appreciation of the foreign currency causes a foreign exchange gain.

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Definitions:

Posttest Loop

A loop that executes its body at least once before checking its condition at the end of each iteration.

Condition-Controlled

A loop that executes as long as a specific condition remains true.

Sentinel-controlled

Describes a loop or sequence that continues execution until a sentinel value is encountered.

Condition-controlled Loop

A loop that continues execution as long as a specified condition remains true.