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Is number 9 is correct?? Why? Slnee the environment disclosure is much required nowadays due to raising pollution developed and developing countries. Translation exposure, one

Is number 9 is correct?? Why? image text in transcribed
Slnee the environment disclosure is much required nowadays due to raising pollution developed and developing countries. Translation exposure, one of the three types of foreign exchange exposure: a. arises when foreign currency financial statements of foreign affiliates must be restated ) b. relates to the sensitivity of the firm's contractual cash flows denominated in foreign c. relates to the extent to which the value of the firm would be affected by unexpected d. none of the above into the parent's currency currency to exchange rate changes as measured in the firm's domestic currency changes in currency exchange rates Answer: D 10) Economic exposure, one of the three types of foreign exchange exposure: a. arises when foreign currency financial statements of foreign affiliates must be restated b. relates to the sensitivity of the firm's contractual cash flows denominated in foreign c. relates to the extent to which the value of the firm would be affected by unexpected d. none of the above into the parent's currency currency to exchange rate changes as measured in the firm's domestic currency changes in currency exchange rates Answer: C The reason is that economic exposure relates to the extent by which the value of the

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