When a US-Based Company Holds a Receivable Denominated in a Foreign Currency

question 36

Multiple Choice

When a U.S.-based company holds a receivable denominated in a foreign currency, the U.S. company wants the foreign currency to ________ against the U.S. dollar so that the foreign currency can be converted into ________.

• A)weaken; fewer dollars
• B)weaken; more dollars
• C)strengthen; fewer dollars
• D)strengthen; more dollars

---

Definitions:

Self-reliant

Being self-reliant means having the ability to depend on oneself or one's own capabilities, resources, or judgments.

Later-born Children

Children born after the first child in a family, who may experience different parental expectations, resource allocation, and sibling dynamics.

Social Skills

The abilities necessary to interact and communicate effectively with others in various social situations.

Peers

Individuals who are of approximately the same age or stage of development, often influencing social and cognitive behaviors.