Which of the Following Is NOT an Advantage to the Exporter

question 20

Multiple Choice

Which of the following is NOT an advantage to the exporter of L/C financing?

• A)an L/C eliminates credit risk if the bank that opens it is of undoubted standing
• B)an L/C reduces the danger that payment will be delayed or withheld due to exchange controls or other political acts
• C)payment is only in compliance with the L/C's stipulated conditions
• D)an L/C guards against pre-shipment risks

Understand and interpret linear and quadratic models for time series data.

Understand the components of a time series (trend, cyclical, seasonal, and random variations) and their interactions.

Calculate and interpret deseasonalized values from given time series data.

Forecast future values based on trend and seasonality adjustments.

---

Definitions:

Comparability

The ability to easily analyze and recognize similarities and differences between financial statements over time or between companies.

High Inflation

A situation where price levels in an economy rise rapidly over a period, decreasing purchasing power.

Revaluation

The adjustment of the book value of a currency, asset, or liability to reflect its current market value.

Monetary Investments

assets and financial investments such as cash, stocks, bonds, and other instruments that can be easily converted into cash.