Question
A Thai exporter of silk pillowcases sells to a United States importer under the payment method of d/a 30. The transaction is denominated in U.S.
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A Thai exporter of silk pillowcases sells to a United States importer under the payment method of d/a 30. The transaction is denominated in U.S. dollars. Upon shipment of the pillowcases, the U.S. importer has a foreign currency exposure.
True
False
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Management Accounting
Authors: Pauline Weetman
2nd Edition
0273718452, 978-0273718451
