Examlex
Which of the following was an outcome of the announcement made by the U.S.government in October 2001 that it will stop selling 30-year bonds?
Exchange Gain
The gain resulting from a favorable change in exchange rates affecting the value of foreign currency transactions.
Accounts Receivable
Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.
Functional Currency
The primary currency of the primary economic environment in which an entity operates, usually the local currency or the currency of the main revenue-generating activities.
Translation Rate
The exchange rate used to convert the financial statements of a foreign subsidiary into the currency of the parent company.
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