Examlex
Which characteristics below is not a characteristic of auditing?
Currency Values
The worth of one country's currency in terms of another's, influenced by economic conditions and political stability.
Currency Cross Rate
The exchange rate between two currencies, calculated based on their common exchange rates with a third currency, usually the US dollar, without needing direct exchange between the two currencies.
Exchange Rate
The price at which one currency can be exchanged for another currency.
Third Currency
A currency used as an intermediary for trading between two currencies that are not directly exchangeable.
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