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    Business
  3. Study Set
    Corporate Accounting in Australia
  4. Exam
    Exam 18: Accounting for Foreign Currency
  5. Question
    The Ratio of Exchange for Immediate Delivery of Currencies to Be
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The Ratio of Exchange for Immediate Delivery of Currencies to Be

Question 16

Question 16

Multiple Choice

The ratio of exchange for immediate delivery of currencies to be exchanged is known as an:


A) exchange rate
B) interest rate
C) exchange ratio
D) none of the above

Correct Answer:

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