Multiple Choice
As used in international accounting,a "hedge" is:
A) a business transaction made to reduce the exposure of foreign exchange risk.
B) the legal barrier between the various divisions of a multinational company.
C) the loss in US $ resulting from a decline in the value of the US $ relative to foreign currencies.
D) one form of foreign direct investment.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Which of these European countries does NOT
Q45: What is "transfer pricing?"<br>A)The cost to convert
Q46: Foreign exchange risk arises when:<br>A)business transactions are
Q47: Which of the following is true about
Q49: Assume that ABCO is a U.S.multinational corporation.
Q50: When a foreign subsidiary pays dividends to
Q51: In 2005 the most popular location for
Q52: The factor used to convert from one
Q53: International accounting can be defined in terms
Q54: What currency is used in the United