A quotation with the value of a foreign currency in dollars is referred to as a ____ quotation; a quotation with the foreign currency per dollar is referred to as a ____ quotation. A.

A quotation with the value of a foreign currency in dollars is referred to as a quotation; a quotation with the foreign currency per dollar is referred to as a quotation. A.

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter8: Investing Activities

Section: Chapter Questions

Problem 14QE

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Question

A quotation with the value of a foreign currency in dollars is referred to as a ____ quotation; a quotation with the foreign currency per dollar is referred to as a ____ quotation.

direct; direct

indirect; direct

indirect; indirect

direct; indirect

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