The Risk Exposure Resulting from the Translation of Foreign Currency

question 24

Multiple Choice

The risk exposure resulting from the translation of foreign currency denominated financial risks is referred to as:

• A)Translation (Accounting)exposure.
• B)Transaction exposure.
• C)Economic exposure.
• D)Business risk.

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Definitions:

Choroid Layer

A layer of the eye containing blood vessels and pigment cells, located between the retina and the sclera, primarily responsible for providing oxygen and nourishment to the outer layers of the retina.

Sclera

White, fibrous, outer layer of the eyeball.

Sensory Adaptation

Change in the sensitivity of a receptor that usually makes the receptor less sensitive to its stimulus.

Proprioception

The sense of the relative position of one's own parts of the body and strength of effort being employed in movement.