The effect on revenues and expenses from variations in the value of the U.S.dollar in terms of other currencies is called:
A)interest rate risk
B)business risk
C)purchasing power risk
D)financial risk
E)none of the above

Question

Quizplus · Accepted Answer

The effect on revenues and expenses from variations in the value of the U.S. dollar in terms of other currencies is known as exchange rate risk or currency risk, which is not listed among the options provided.

The Effect on Revenues and Expenses from Variations in the Value