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Question 1 Saved The current rate of exchange between two currencies is known as the: Question 1 options: Spot Rate Average Rate Forward Rate Floating

Question 1

Saved The current rate of exchange between two currencies is known as the:

Question 1 options:

Spot Rate

Average Rate

Forward Rate

Floating Rate

Question 2

A future rate of exchange between two currencies is known as the:

Question 2 options:

Spot Rate

Floating Rate

Average Rate

Forward Rate

Question 3

The currency of the primary economic environment in which the entity generates and expends cash is called the: Question 3 options:

Home currency

Exchanged currency

Foreign currency

Functional currency

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