A lead strategy is an attempt to collect foreign currency receivables ______hen a foreign currency is expected to depreciate and paying foreign currency payables ______hey are due when a currency is expected to appreciate.
A)early;before
B)late;after
C)prematurely;later than
D)pre-emptively;at the time

Question

Quizplus · Accepted Answer

A lead strategy involves collecting foreign currency receivables early, before the currency is expected to depreciate, and paying foreign currency payables before they are due, when the currency is expected to appreciate. This helps to minimize the impact of currency fluctuations on a company's financials.

A Lead Strategy Is an Attempt to Collect Foreign Currency