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Before using a fire extinguisher, you must first
Cash Flow Hedge
A financial strategy used to manage the risk of fluctuating cash flows due to changes in exchange rates, interest rates, or commodity prices.
Net Method
An accounting system that records transactions with their net effect, considering any discounts or allowances for prompt payment.
Loan Liability
A financial obligation representing borrowed funds that the borrower is legally required to repay to the creditor, typically with interest.
Foreign Exchange Rate
The rate at which one currency can be exchanged for another, often used in international trade and investment.
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