When a UScompany Makes a Credit Sale to an International Customer and Customer

Multiple Choice

When a U.S.company makes a credit sale to an international customer and the sale terms are for payment in a foreign currency,the foreign exchange rate used to record the sale is the exchange rate:

A) Thirty days from the date of sale.
B) At the end of the seller's fiscal year.
C) At the end of the buyer's fiscal year.
D) On the date final payment is made.
E) On the date of the sale.