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Question 7 Account for foreign transactions where differences occur on actual inflows and outflows resulting in __ and __ (Select the missing pair of words below to complete the sentence) realised gains and losses increased profit and retained earnings cash budget and cash flows good growth and continuity - Previous 4 pts

Question 8 Which of the following statementis) is/are true? (Select the correct answer from the options below the statements) (1) Invoicing in home currency means risk is not avoided but merely transferred to the customer (2) Invoicing in home currency may harm competitive advantage (3) Invoicing in home currency is a form of mitigating against transaction risk (1). (2) and (3) (1) only (1) and (2) (1) and (3) - Previous 4 pt

__ is when the cumulative inflation rate over three years about 100% (Select the missing word below to complete the sentence) Hyperinflation Stagflation Mal-inflationary Revenue-inflation

__ is the use of receipts in a particular currency to match payment obligations in the same currency. (Select the missing word below to complete the sentence) Matching Forward contract Leading Lagging

Which of the following statement(s) is/are true? (Select the correct answer from the options below the statements) (1) Internal hedging is using techniques that are available within the entity to manage exchange-rate risks (2) Internal hedging does not operate through the foreign-exchange markets (3) Internal hedging can be bought and sold on the foreign-exchange markets (1) and (2) (1) only (1) and (3) (1), (2) and (3)