美国注册会计师考试真题-BEC-25
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31 2014 AICPA Newly Released Questions – Business
25. CPA-08365
Global companies that deal with the political and financial risks of conducting business in a particular foreign location face which of the following types of risk?
a. Country risk.
b. Principal risk.
c. Interest rate risk.
d. Commodity price risk.
AICPA Difficulty Rating: DIFFICULT
Question Title: AICPA Newly Released 2014
Lecture to be assigned to: B6 Topic to be assigned to: 3
Page reference (page # and outline point): pg. 28, E.
ANSWER:
Choice "a" is correct. Country risk encompasses the political risk, economic risk, transfer risk,
sovereign risk, and exchange rate risk associated with engaging in business with foreign countries. Choice "b" is incorrect. Principal risk relates to the risk of losing an investment (money).
Choice "c" is incorrect. Interest rate risk relates to the fluctuation in value of an investment as a result of changes in interest rates.
Choice "d" is incorrect. Commodity price risk relates to market values and future cash inflows that are affected by fluctuations in commodity prices.