If a Sale on Account by a U

question 21

Multiple Choice

If a sale on account by a U.S.company is made with a foreign company,and the U.S.company has no foreign currency risk,then

• A)the U.S.company has measured the transaction in U.S.dollars.
• B)the U.S.company has denominated the transaction in U.S.dollars.
• C)the foreign company has measured the transaction in their own currency.
• D)the foreign company has denominated the transaction in their own currency.

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Definitions:

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