Procter & Gamble's Balance Sheet Suggests That Which of the Following

Procter & Gamble's balance sheet suggests that which of the following is NOT a characteristic of the company's risk exposure or risk management practice?

A) P&G is exposed to currency risk,interest rate risk,and commodity price risk.
B) P&G consolidates currency risk,interest rate risk,and commodity price risk,and tries to naturally offset them.It then tries to hedge the residual risk with derivatives.
C) P&G holds some derivatives for trading purposes and trades them strategically to maximize shareholder value.
D) P&G monitors derivative positions using techniques including market value,sensitivity analysis,and value-at-risk.
E) P&G uses interest rate swaps to hedge its underlying debt obligations and enters into certain currency interest rate swaps to hedge the company's foreign net investments.