A Foreign Currency Transaction Is a Transaction That Is Denominated

Multiple Choice

A foreign currency transaction is a transaction that is denominated or requires settlement in a foreign currency,including transactions arising when an entity:

A) borrows or lends funds when the amounts payable or receivable are denominated in a foreign currency
B) acquires or disposes of assets,or incurs or settles liabilities,denominated in a foreign currency
C) buys or sells goods or services whose price is denominated in a foreign currency
D) all of the above