A Business Might Find It More Cost Effective to Use

question 37

True/False

A business might find it more cost effective to use a pull strategy when entering a market with a long distribution channel.

Understand the conditions and documentation required for hedge accounting under U.S. GAAP.

Analyze the impact of foreign currency fluctuations on U.S. companies involved in international transactions.

Comprehend the accounting treatments for forward contracts and options as hedges of foreign currency risks.

Identify the sources of foreign exchange risk and the authoritative literature governing hedges of such risks.