Suppose that Walmart owes 100 million yen to a Japanese radio manufacturer in three-months' time. To cover itself against the risk of the dollar appreciating against the yen during this period, Walmart could buy 100 million yen in the forward market at today’s forward rate for delivery in three months.
a. True
b. False
b. False
Business
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Which of the following may be done as corrective action in the control process?
A. Evaluate performance. B. Revise standards. C. Compare performance to standards. D. Align processes with goals. E. Establish standards.
Business
Which of the following would be the likely risk results from using a 1% level of detection risk?
a. High detection risk and low audit risk. b. High detection risk and high audit risk. c. Low detection risk and high audit risk. d. Low detection risk and low audit risk.
Business
How is parallel structure used in resumes?
Business
When a provision in a contract is unclear by accident, it is a case of
a. vagueness. b. mistake. c. ambiguity. d. condition.
Business