All of the following are examples of how a finance department can support international currency requirements except ____.
A) pay in U.S. dollars
B) identify the currency a firm should use for payment based on projections of currency fluctuations
C) provide advice about hedging and currency forecasts
D) act as a clearinghouse for offshore currencies to make payment for offshore purchases
E) provide advice as to whether to seek a new contract or renegotiate an existing one due to currency changes
Correct Answer:
Verified
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