A ________ strategy is when a company collects foreign-currency receivables before they are due when the foreign currency is expected to weaken.

Question

Quizplus · Accepted Answer

A company adopting a lead strategy would collect the foreign-currency receivables before they are due when the foreign currency is expected to weaken. This helps the company to lock in the current exchange rate and avoid potential losses due to future currency fluctuations.

A ________ Strategy Is When a Company Collects Foreign-Currency Receivables