Foreign Currency Transactions Not Involving a Hedge Should Be Accounted

question 20

Multiple Choice

Foreign currency transactions not involving a hedge should be accounted for using

• A)​the one-transaction method.
• B)​the two-transaction method.
• C)​a hybrid of the one- and two-transaction methods.
• D)either the one- or the two-transaction method (allowed by the FASB).​

---

Definitions:

Internal Cues

Psychological or physiological signals from within the body that can trigger certain responses, such as hunger cues indicating the need to eat.

Glucose

A simple sugar and a key energy source for the body, critically involved in cellular respiration and the production of ATP.

Glycogen

A multibranched polysaccharide of glucose that serves as a form of energy storage in animals and fungi.

Short-Term Energy

Energy available for immediate use, typically referring to biological systems or temporary power solutions.