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  3. Study Set
    International Accounting Study Set 1
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    Exam 7: Foreign Currency Transactions and Hedging Foreign Exchange Risk
  5. Question
    A Non-Cancelable Order of a Product That Specifies the Foreign
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A Non-Cancelable Order of a Product That Specifies the Foreign

Question 45

Question 45

Multiple Choice

A non-cancelable order of a product that specifies the foreign currency price and date of delivery is called a:


A) hedge.
B) derivative.
C) foreign currency firm commitment.
D) international transaction.

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