Budgeting for a multinational company is made more complex due to the possibility of exchange rate fluctuations.

Question

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Budgeting for a multinational company involves dealing with multiple currencies and fluctuating exchange rates, which adds complexity to the process. As exchange rates change, the actual value of revenues and expenses can shift, impacting the overall financial health of the organization. Therefore, managing currency risk is an important part of budgeting for a multinational company.

Budgeting for a Multinational Company Is Made More Complex Due