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U.S. based Accor company has a subsidiary in Germany. The German subsidiary prepares its financial statements in euros. At the end of the year, Accor

U.S. based Accor company has a subsidiary in Germany. The German subsidiary prepares its financial statements in euros. At the end of the year, Accor needs to prepare its consolidated financial statements in US$. What kind of foreign exchange exposure does Accor face?

Singapore based company Bee Bee is launching its product to the Australian market. Since the product will be sold to retail customers in Australia., it will be collecting A$. What kind of foreign exchange exposure does Bee Bee face?

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