Which of the following does not represent an exchange risk, Ask an Expert

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Which of the following does not represent an exchange risk on an exposed position to a company transacting business with a foreign vendor?

a. transaction is denominated in foreign currency, settled at a future date

b. firm commitment to purchase inventory to be paid for in foreign currency

c. Forecasted foreign currency transaction with a high probability of occurrence

d. firm commitment to purchase inventory denominated in U.S. dollars

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Accounting Basics, Accounting

Category:- Accounting Basics
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