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Scenarlo 2 (Global Flnanclal System) Assume that you are the senior accountant for Lalisa Ltd. that regularly imports spare parts for a range of the

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Scenarlo 2 (Global Flnanclal System) Assume that you are the senior accountant for Lalisa Ltd. that regularly imports spare parts for a range of the company's products from overseas suppliers. You have been instructed by Lisa. the CEO. to look at ways you can save money on the transactions when you pay these overseas suppliers. She is convinced that there are ways in which you can organise the transaction so that you maximise the opportunities with fluctuating exchange rates. She has been reading about spot rates and is a little confused about the way it works or whether it is strictly legal or ethical. She wants you to explain the processes involved in organising forward rates and how the business can take advantage of them

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