Multiple choice technology testing

PASSIVA :While changing the daily exchange rates, emission price(Euro currency) must satisfy which one of the following condition

  1. Emission price should be less than (Inventory price*1.03 – 0.01)

  2. Emission price should be greater than (Inventory price*1.03 – 0.01)

  3. Emission price should be equal to (Inventory price*1.03 – 0.01)

  4. Emission price should be equal to (Inventory price*1.07 – 0.01)

  5. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The PASSIVA system requires that emission price in euros must equal inventory price multiplied by 1.07 minus 0.01. This formula (Inventory price * 1.07 - 0.01) appears to be a business rule for pricing adjustments.

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