The Impact of Random Change in the Value of One

question 21

Multiple Choice

The impact of random change in the value of one currency with respect to other currencies is called the _____ risk.

• A) transactions
• B) exchange rate
• C) economic
• D) consolidated
• E) accounting

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Definitions:

Hydrophobic

A characteristic of molecules or substances that do not readily mix with or are repelled by water, often due to nonpolar characteristics.

Water Strider

An insect that can walk on the surface of water due to the high surface tension of water and the long, water-repellent legs of the insect.

Hydrogen Ion

A positively charged ion (H+) that forms when a hydrogen atom loses its electron and effectively becomes a proton.

Hydroxide Ion

A negatively charged ion made of oxygen and hydrogen (OH-), which is a common component of bases.