The possibility of exchange rate fluctuations does not influence the budgeting procedures in a multinational corporation.

Question

Quizplus · Accepted Answer

The possibility of exchange rate fluctuations does indeed influence the budgeting procedures in a multinational corporation, as it can significantly impact the financial performance and profitability of the company. Therefore, multinational corporations need to take exchange rate risk into consideration when budgeting, forecasting, and making financial decisions.

The Possibility of Exchange Rate Fluctuations Does Not Influence the Budgeting