An Example of an External User Is a

question 35

Multiple Choice

An example of an external user is a

• A)Company president.
• B)Plant manager.
• C)Payroll supervisor
• D)Creditor.

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Definitions:

Call Option

A financial contract giving the holder the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a specified time frame.

Cash Flow Hedge

A financial strategy used to manage risks associated with fluctuations in cash flows by using a hedge instrument to offset potential losses or gains.

Spot Exchange Rates

The present rate at which one currency is traded for another with immediate effect.

Net Income

The overall earnings of a firm once expenses and taxes are subtracted from its total revenue.