MNCs Use Currency Forecasting In

question 6

Multiple Choice

MNCs use currency forecasting in:

• A)speculating in purchasing and selling foreign currency.
• B)budgeting,financing,and working capital management.
• C)determining their operating cash needs at a specific future date.
• D)computing profit or loss on completed transactions.

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Definitions:

Savanna

A grassland ecosystem characterized by the presence of scattered trees, maintaining an open canopy, found in tropical and subtropical regions.

Earth's Biomes

Large ecological areas on the planet's surface, defined by distinctive climate, soil, and vegetation types, such as deserts, forests, and tundra.

Altitude

The height of an object or point in relation to sea level or ground level.

Latitude

A geographic coordinate that specifies the north-south position of a point on the Earth's surface.