A US Company Makes a Sale to a Foreign Customer Payable

question 95

Multiple Choice

A U.S. company makes a sale to a foreign customer payable in 30 days in the customer's currency. The sale would be recorded by the U.S. company on the date:

• A) Of sale using a projected estimate of the U.S. dollar value at payment date.
• B) Of sale using a 30-day average U.S. dollar value.
• C) Of sale using the current dollar value.
• D) Of sale using the foreign currency value.
• E) When payment is received.

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Definitions:

Community Complexity

A measure of the diversity and relative abundance of different species within an ecological community.

Ecologists

Scientists who study the relationships between organisms and their environments, focusing on ecosystems and biodiversity.

Realized Niches

The conditions under which an organism actually exists, based on adaptations and competition with other species.

Predation

An ecological interaction where one organism, the predator, hunts and feeds on another organism, the prey, impacting populations and community structures.