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  3. Study Set
    Company Accounting
  4. Exam
    Exam 8: Translation of Financial Statements Into a Presentation Currency
  5. Question
    The Exchange Rate at a Point of Time for Immediate
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The Exchange Rate at a Point of Time for Immediate

Question 8

Question 8

Multiple Choice

The exchange rate at a point of time for immediate delivery of the currency in an exchange is known as the:


A) spot rate.
B) point rate.
C) immediate rate.
D) temporal rate.

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