Fluctuating exchange rates may be managed by:

Question

Quizplus · Accepted Answer

Both leading and lagging can be used to manage fluctuating exchange rates. Leading involves speeding up the collection of foreign currency receivables and slowing down the payment of foreign currency payables, while lagging involves delaying the collection of foreign currency receivables and accelerating the payment of foreign currency payables. Using both strategies can help mitigate the impact of exchange rate fluctuations on a business's financial performance.

Fluctuating Exchange Rates May Be Managed By