What is foreign exchange market?
What will be an ideal response?
Answer: The foreign exchange market, also known as FX or forex market, is the market where currencies are traded.
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Financing activities are needed to provide the funds to start a business
a. True b. False Indicate whether the statement is true or false
An accountant is uncertain about the best estimate of an amount for a business transaction. If two amounts are about equally likely, the amount least likely to overstate assets and income is selected. Which of the following qualities is characterized by this action?
a. Comparability b. Conservatism c. Materiality d. Neutrality
Fixed length data types use less disk space
Indicate whether the statement is true or false
What does generalizability mean?
a.Results may be applied to the population studied. b.Results apply only to the sample studied. c.Sampling error is high. d.The sample does not represent the population.