Which of the following is not one of the steps for currency exposure management:

Question

Quizplus · Accepted Answer

Buying additional foreign subsidiaries is not a step in currency exposure management. Currency exposure management typically involves identifying and assessing the risk of currency fluctuations on an organization's finances, and then taking steps to mitigate that risk, such as forecasting exposure, developing reporting systems, and assigning responsibility for hedging. Buying additional foreign subsidiaries would not be a direct method of managing currency exposure; it could actually increase exposure to currency risk.

Which of the Following Is Not One of the Steps