Question: What is a foreign currency transaction? A) It is another name for an international transaction. B) It is a transaction that involves payment at a

What is a foreign currency transaction?

A) It is another name for an international transaction.

B) It is a transaction that involves payment at a date sometime in the future.

C) It is a business deal denominated in a currency other than a company's domestic currency.

D) It is an economic event measured in a currency other than U.S. dollars.

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