Which of the Following Is True of Accounting Risk?​

Multiple Choice

Which of the following is true of accounting risk?​

A) ​Accounting risk refers to the possibility that a firm's present value of future cash flows will be affected by exchange rate fluctuations.
B) ​Accounting risk is the degree to which a firm's financial statements are exposed to exchange rate fluctuation.
C) ​Accounting risk is synonymous with transaction risk.
D) ​Accounting risk refers to the possibility that future cash transactions will be affected by changing exchange rates.