Read the following case and answer the questions that follow: Mzanzi-BIG Ltd is considering the acquisition of BIG-FIX Ltd which is an auto component supplier to three of the major South African motor manufacturers. BIG-FIX Ltd also imports sub-components priced in US Dollars and exports auto components (20% of production), which are also priced in US Dollars to about 18 overseas customers. The South African motor manufacturers export about 33% of their production of motor vehicles. The company also imports major items of capital equipment every few years, which is priced in US dollars. BIG- FIX Ltd issues both fixed and floating rate debt but the company is planning to refinance all its fixed rate debt in three years' time. You are advising the CEO of Mzanzi-BIG Ltd and as part of the due diligence process, the CEO wishes to understand the types of risks and risk management policies/process in place at BIG-FIX Ltd. The auditors have indicated that Mzanzi-BIG Ltd should focus on the 4 types of risk namely, liquidity, interest rate risk, foreign exchange risk and credit risk. The CEO, who has a background in engineering, has asked you to define each of the above risks and to set out at least 3 key questions per risk category that he should ask the management of BIG-FIX Ltd in order to determine whether BIG-FIX Ltd has followed the correct risk management practices in relation to liquidity, interest rate risk, foreign exchange risk and credit risk. Required: Write a memorandum in form of an essay) to the CEO of ABC Ltd setting out the definition of each risk category and further setting out three key questions per risk category (liquidity, interest rate risk, foreign exchange risk and credit risk) that the CEO should ask the management of BIG-FIX Ltd to check whether proper risk management policies and practices are being followed at BIG-FIX Ltd. (Hint: The questions should be informed by the exposure of BIG-FIX Ltd to each risk category). (20 marks)