When two currencies are involved,there is the risk that a change in exchange rates may occur between the invoicing date and the settlement date for the transaction.

Question

Quizplus · Accepted Answer

This statement is true. Exchange rates between two currencies can fluctuate over time, resulting in a different exchange rate at the settlement date compared to the invoicing date. This can lead to either a gain or a loss for one party involved in the transaction.

When Two Currencies Are Involved,there Is the Risk That a Change