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When a company implements a strategy to manage currency exposures, it is important that the strategy is monitored. Which of the following statements is correct
When a company implements a strategy to manage currency exposures, it is important that the strategy is monitored. Which of the following statements is correct for the monitoring of the strategy chosen by the company? Select one: a A decentralised approach to risk management is important for this company as it allows all the company's transactions to be tracked at all times b A change in the forecast for Australian interest rates can be a reason to trigger a review of a company's foreign exchange policy c Proper documentation covering hedging activities must be provided only to the company's board so that a decision can be made on the ongoing legal rights and obligations of the company d The strategy should always incorporate options to hedge the transaction exposure
When a company implements a strategy to manage currency exposures, it is important that the strategy is monitored.
Which of the following statements is correct for the monitoring of the strategy chosen by the company?
Select one:
a A decentralised approach to risk management is important for this company as it allows all the company's transactions to be tracked at all times
b A change in the forecast for Australian interest rates can be a reason to trigger a review of a company's foreign exchange policy
c Proper documentation covering hedging activities must be provided only to the company's board so that a decision can be made on the ongoing legal rights and obligations of the company
d The strategy should always incorporate options to hedge the transaction exposure
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