Which of the Following Are Valid Reasons for a Firm

question 43

Multiple Choice

Which of the following are valid reasons for a firm not using objective techniques?
i.Data may not be available
ii.Cost estimates are sufficiently accurate for the firm's purposes.
iii.Accountants may be ignorant of appropriate techniques.iv.The firm gives low priority to cost estimation.

• A) i and ii
• B) i,ii and iii
• C) ii,iii and iv
• D) i,ii and iv

---

Definitions:

Currency Swap

A financial derivative product that allows two parties to exchange principal and interest in different currencies, used to hedge currency risk or obtain financing in foreign currency.

Forward Contract Payable

A financial instrument obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.

Spot Rate

The present cost at which a specific currency is available for purchase or sale, with immediate transfer.

Swiss Francs (CHF)

The currency of Switzerland, known for its strength and stability in the financial market.