Which of the Following Does Not Apply to the Bretton

question 79

Multiple Choice

Which of the following does not apply to the Bretton Woods Agreement of 1944?

• A)The developments surrounding the agreement have heightened the importance of how translation of foreign-based operations should be handled.
• B)It established controlled exchange rates worldwide.
• C)It allowed monetary authorities to buy or sell gold or foreign exchange with the intent of maintaining an allowable exchange rate fluctuation.
• D)It collapsed in 1971 resulting in freer and more volatile exchange rate fluctuations.

---

Definitions:

Enterprise Resource Planning

A suite of integrated applications that an organization uses to collect, manage, and interpret data from many business activities.

Decision Support System

A computer-based system that helps in making informed decisions by analyzing large volumes of data.

Office Support System

Integrated software solutions designed to facilitate and automate the day-to-day operations and tasks of an office.

Management Information System

An information system designed to meet the management and decision-making needs of an organization, integrating data from various departments for analysis.