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To answer the following questions, refer to the database below.
-Separating the database into related tables instead of using just one large table helps to eliminate
Journal Entries
The recordation of financial transactions in a company's accounting system, which includes a debit and credit entry for each transaction.
Cash Flow Hedge
A strategy used by companies to manage the risk associated with fluctuation in cash flow due to changes in foreign exchange rates, interest rates, or commodity prices.
Forward Contract
A contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price at a future date.
Spot Rates
The existing market value at which one can buy or sell a currency for instant delivery.
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