AFP
CTP · Question #716
(Topic 8) When a company creates future receivables and/or payables that are denominated in a currency other than its home or functional currency it is faced with:
The correct answer is B. transaction exposure. See the full explanation below for the reasoning.
Question
- (Topic 8)
When a company creates future receivables and/or payables that are denominated in a currency other than its home or functional currency it is faced with:
Options
- Aeconomic exposure.
- Btransaction exposure.
- Ctranslation exposure.
- Dfutures risk exposure.
How the community answered
(45 responses)- A7% (3)
- B82% (37)
- C2% (1)
- D9% (4)
Community Discussion
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