Time left $3$:$58$:$16$

Question $1$

Not yet answered

Points out of $2\mathrm{.}0$

Flag question

Gains or losses on foreign currency transactions are recorded before the related receivable or payable is settled when:

Select one:

a$.$ the government cannot set an exchange rate for the foreign currency

b$.$ the foreign currency is unknown

c$.$ the fiscal year ends after the settlement of the receivable or payable

d$.$ the fiscal year ends before the settlement of the receivable or payable

Question $2$

Not yet answered

Points out of $2\mathrm{.}0$

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Which of the following statements is true regarding forward contracts, futures contracts, options and swaps?

esc $\%$

$\%$

$833$

$5$

$1$

$!$

$($R$)$

#

$

$\%$

$1$

$2$

$3$

$4$

$5$