_____ Which of the Following Statements Is Correct

Multiple Choice

_____ Which of the following statements is correct?

A) The effect of a decrease in the direct exchange rate is always unfavorable under the foreign currency unit of measure approach.
B) The effect of a decrease in the direct exchange rate is always unfavorable under the U.S. dollar unit of measure approach.
C) The effect of an increase in the direct exchange rate is always unfavorable on the assets and favorable on the liabilities.
D) The effect of an increase in the direct exchange rate is always favorable under the current rate method of translation.
E) None of the above.