What term is used to describe the process of reducing foreign exchange risk?
A) International accounting
B) Exposure
C) Hedging
D) Globalization

Question

Quizplus · Accepted Answer

Hedging is the term used to describe the process of reducing foreign exchange risk. International accounting refers to the practice of preparing and presenting financial statements for companies with operations in multiple countries. Exposure refers to the degree to which a company is affected by events or changes in the market. Globalization refers to the increasing interconnectedness and interdependence of the world's economies.

What Term Is Used to Describe the Process of Reducing