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Which of the following is the most effective strategy to manage the risk of foreign...

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Which of the following is the most effective strategy to manage the risk of foreign exchange losses due to sales to foreign customers?

A.

Hire a risk consultant.

B.

Implement a hedging strategy.

C.

Maintain a large foreign currency balance.

D.

Insist that customers only pay in a stable currency.

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  • Vendor: IIA
  • Product: IIA-CRMA-ADV
  • Update on: Jul 30, 2025
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TESTED 01 Aug 2025