Suppose That Yesterday AUD/USD Was 0

question 45

Multiple Choice

Suppose that yesterday AUD/USD was 0.9334 and today AUD/USD is 0.9566.

• A)AUD is the terms currency and the AUD appreciated.
• B)AUD is the commodity currency and the USD appreciated.
• C)USD is the terms currency and the USD depreciated.
• D)USD is the commodity currency and the AUD depreciated.
• E)AUD is the commodity currency and the AUD depreciated.

---

Definitions:

Machine-Hours

A measure of the amount of time machines are operated during the production process, used for allocating costs or measuring productivity.

Markup

The additional sum included in the purchase price of products to account for overhead expenses and profit.

Variable Manufacturing Overhead

Expenses that vary with production volume, such as utilities and materials.

Job Cost

The total expense calculated for a specific job or project, including materials, labor, and overhead.