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1. Golden Eagle Corp. recently invested $22.5 million in sophisticated inventory management software, partly to enable the company to ship out ordered merchandise with a minimum of delay. The is an attempt to reduce the risk of

billing exposure

accounting exposure

financial exposure

quotation exposure

backlog exposure

2. Transaction exposure arises from all the following transactions, except

a Purchasing or selling on credit goods or services whose prices are stated in foreign currencies

b Borrowing or lending funds when repayment is to be made in the US dollar

c Being a party to an unperformed foreign exchange forward contract

d Acquiring assets or incurring liabilities denominated in foreign currencies

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92742988

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