All of the Following Are Reasons That Cigarettes Came to Serve

question 51

Multiple Choice

All of the following are reasons that cigarettes came to serve as money in WWII prisoner of war camps except one.Which is the exception?

• A)cigarettes are of uniform quality
• B)cigaretttes were in limited supply
• C)cigarettes are reasonably durable
• D)cigarettes could not be counterfeited
• E)cigarettes could individually support small transactions and in packs they could support large transactions

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Currency Exchange Rates

The value of one currency for the purpose of conversion to another, dictating how much one currency is worth in terms of another.

Operating Expense

Expenses incurred through normal business operations, such as rent, utilities, and payroll.

Exchange Rate

The price of one currency in terms of another, determining how much of one currency can be exchanged for another.

Foreign Subsidiary's Financial Statements

Accounting records that reflect the financial performance and position of a company's subsidiary located in another country.