In general, any key managerial decision that is based on forecasted exchange rates should rely completely on one forecast rather than alternative exchange rate scenarios.

Question

Quizplus · Accepted Answer

It is risky to rely completely on one forecast for exchange rates. It is always better to consider alternative exchange rate scenarios and their potential impact on the decision being made. This allows for a more comprehensive understanding of potential risks and opportunities.

In General, Any Key Managerial Decision That Is Based on Forecasted