​Which of the Following Is True of an Exchange Loss

Multiple Choice

​Which of the following is true of an exchange loss?

A) ​It is a loss on the exchange of one currency for another due to depreciation of the home currency.
B) ​It is a loss on the exchange of one currency for another due to depreciation of the foreign currency.
C) ​An exchange loss occurs when the currency of the home country strengthens relative to the foreign country's currency.
D) ​An exchange loss is not a practical scenario.