Question

You have just won a free trip to India and all airline or other transportation costs are provided, but you need to budget for your expenses during the 3 days you will be there, because you want to be able to buy the correct amount of foreign currency.

Using either the direct method or indirect method, prepare a budget to include your hotel, food, and entertainment costs for the 3 days. Using the appropriate foreign currency conversion rate for the end of month prior to your departure date (today), tell the class the currency exchange method, currency need for your location, quoted price, Internet link to that quote, budget amount in U.S. dollars, and the amount of foreign currency you will need when you arrive.

Answer 1

- Page No:1 Solution :- het us assume that they have not been provided with the figures, we will assume the figures. het us choose the contrey India" there we will require the Indian Corrency (Rupees) ) Now Currency need for your location to meet our daily Expenses. The city that will be travelling within India is Delhi . The cost of hotels, food and Entertain- -ment costs for 3 days has been estimated below in details : Budget | Nature of Expense Day & Daya Day 3 Hotel (Room Expenses) ... Hence the Expenses during 3 days will be a in tabulan fosim

Page No: Solution : Let us assume that they have not been provided with the figures, we will assume the figures. het us choose the country os! there we will require foreign corrency (Dollars) * Alow Currency need for your location to meet our daily Expenses. The city that will be travelling within wis New yostk. The cost of hotel, food and entertainment Costs for 3 days has been estimated below in dollars. Budget Days | Day & Day 3 | Nature of Expense Hotel (Room Expenses)

- Page No:1 Solution :- het us assume that they have not been provided with the figures, we will assume the figures. het us choose the contrey India" there we will require the Indian Corrency (Rupees) ) Now Currency need for your location to meet our daily Expenses. The city that will be travelling within India is Delhi . The cost of hotels, food and Entertain- -ment costs for 3 days has been estimated below in details : Budget | Nature of Expense Day & Daya Day 3 Hotel (Room Expenses) ... Hence the Expenses during 3 days will be a in tabulan fosim