AFP Certified Treasury Professional CTP Question # 404 Topic 18 Discussion

AFP Certified Treasury Professional CTP Question # 404 Topic 18 Discussion

CTP Exam Topic 18 Question 404 Discussion:
Question #: 404
Topic #: 18

Which of the following is subject to transaction exposure?


A.

A U.S. company’s foreign subsidiary in Japan has a receivable denominated in Yen.


B.

A Japanese company’s foreign subsidiary in the U.S. has a receivable denominated in Yen.


C.

A U.S. company’s foreign subsidiary in Japan has a payable denominated in Yen.


D.

A Japanese company’s foreign subsidiary in the U.S. has a payable denominated in dollars.


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