If Recent Direct Quotes in U

question 105

Multiple Choice

If recent direct quotes in U.S. dollars are $1.5547 for the British pound and $.1150 for the Mexican peso, the exchange rate available to a British importer buying pesos with pounds is:

• A)13.5191 pounds per peso.
• B)13.5191 pesos per pound.
• C)0.0740 pounds per peso.
• D)0.0740 pesos per pound.

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Definitions:

Lunch Time

The period during the day allocated for eating lunch, typically occurring in the midday.

Punctual

The characteristic of being on time or performing an action at the agreed or scheduled time.

Diversity Practices

Actions that can result in increased knowledge, skill, and creativity; better products and services provided to diverse populations; and the ability to recruit excellent talent from the entire labor pool. Such practices include top management’s personal involvement, targeted recruitment, diversity education, network and support groups, and work and family policies that support diversity.

Targeted Recruitment

A strategic approach to hiring that focuses on seeking out candidates with specific skills, experiences, or characteristics that match the job requirements.