Examlex

Solved

List One Externally Managed IT Resource a Company May Use

question 32

Essay

List one externally managed IT resource a company may use and how it provides a strategic advantage.


Definitions:

Forward Exchange Contract

An agreement to exchange currency at a future date at a predetermined rate.

Cash Flow Hedge

A type of financial hedge that protects against exposure to cash flow risk or uncertainty from variable cash inflows or outflows.

Spot Rate

The existing rate at which a certain currency is available for immediate purchase or sale.

Forward Contract

A financial derivative instrument between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Related Questions