With Regard to Hedging Translation Exposure, Translation Losses ____, and Gains

question 31

Multiple Choice

With regard to hedging translation exposure, translation losses ____, and gains on forward contracts used to hedge translation exposure ____.

• A) are not tax deductible; are taxed
• B) are tax deductible; are taxed
• C) are not tax deductible; are not taxed
• D) are tax deductible; are not taxed

---

Definitions:

Polygraphs

Lie detector tests that measure and record several physiological indicators such as blood pressure, pulse, respiration, and skin conductivity while the subject answers a series of questions.

Intelligence Quotient

A numerical measure of a person's intelligence, typically obtained through standardized testing.

Intelligence Tests

Standardized tests designed to measure a person's intellectual abilities and potential.

Drift

The gradual change or movement of something from one position or condition to another over time, often used in environmental and social sciences.