Forward buying:
A) offsets transactions to protect against price and exchange risks
B) involves no risk for the buying organization.
C) involves purchasing for known or estimated near-term requirements.
D) is the same as speculation.
E) seeks to take advantage of price movements.

Question

Quizplus · Accepted Answer

Forward buying involves purchasing goods or materials in advance of actual need, based on known or estimated near-term requirements, often to secure a favorable price or ensure availability.

Forward Buying