2.5 pts Question 31 Most managers would prefer to be protected against transaction rather than translation losses because translation losses are not recognized in the consolidated financial statements. potential transaction losses are always bigger than the translation losses. transaction losses are realized cash losses. Question 32 2.5 pts Which of the following is most likely to make a U.S. multinational firm subject to larger degrees of operating exposure? When the firm has production facilities only in the U.S. When both the firm's costs and product prices are not sensitive to exchange rate risks, When the firm raises funds in different currencies. When the firm's products are sold in different countries with difference currencies