Which statement correctly describes the nature of

transaction. risk and translation risk for corporations

in the EXmathet?

Transaction risk is when$-$corporations seek to profit from financial fisk, while

translation risk is when corpo rations aim to minimize financial risk

rransaction risk refers to cunency risk from ongoing commercial activity. Tratislation

risk refers to the revaluing assets and liabilities denominated in foreign currencies

on the balance shect

Transacion iisk is when corporations aim to miainize financial risk, while

translationsisk is when corporations seek to profif from tinancial risk.