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NEW QUESTION: 1
Universal Industries limits its operations to exports to foreign countries. What can be said about
Universal's exposures to exchange rate risk?
A. Universal is subject to potential transaction, economic and translation exposures to exchange rate risk.
B. Universal is subject transaction and translation exposures to exchange rate risk.
C. Universal is subject to economic and translation exposures to exchange rate risk.
D. Universal is subject to potential transaction and economic exposures to exchange rate risk.
Answer: D
Explanation:
Choice "b" is correct. Universal is subject to transaction risks associated with settlement of export
transactions and is subject to economic risks associated with the satisfaction of domestic expenses
denominated in domestic currencies with imported revenues denominated in a foreign currency. No
translation exposure exists since there is no foreign investment or subsidiary. Choices "a", "c", and "d" are
incorrect, per the above Explanation: .
NEW QUESTION: 2
BFD detects the link status immediately after a BFD session is set up. If BFD parameters are modified or deleted at one end of the BFD session, the other end will consider such a modification or deletion as a fault and services will be then affected. Therefore, exercise caution when modifying or deleting BFD parameters.
A. False
B. True
Answer: A
NEW QUESTION: 3
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D. Sales Assistant
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