Matching:
Match the key term with the correct description.
Definitions:
Exchange Rates
The value of one currency for the purpose of conversion to another, affecting international transactions and financial statements.
Accounts Payable
Money owed by a company to its creditors for goods or services that have been delivered or used, but not yet paid for.
Foreign Currency Units
Units of foreign currency that are used as a medium of exchange for international transactions or investments.
Spot Rate
The current market price at which a particular currency can be bought or sold for immediate delivery.
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