Our main market is in US. Everything is denominated in USD. So our company does not have

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"Our main market is in US. Everything is denominated in USD. So our company does not have to worry about foreign exchange rate".

Do you agree or disagree with the above statement? Why or why not? Please explain your reason/argument.

Related Book For answer-question

Core Concepts of Accounting Information Systems

ISBN: 978-1118022306

12th edition

Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman

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Posted Date: Mar 22, 2023 10:10 AM

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Our main market is in US. Everything is denominated in USD. So our company does not have

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Expert Answer:

I disagree with the statement that a company with a main market in the US and everything denominated in USD does not have to worry about foreign exchange rates Even if a companys main market is in the ... View the full answer

Core Concepts of Accounting Information Systems

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