An organisation has just acquired some inventory from an overseas supplier and the amount payable is denominated
Question:
An organisation has just acquired some inventory from an overseas supplier and the amount payable is denominated in a foreign currency. What risks does this transaction expose the organisation to, and what can be done to reduce the risk?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
If an organisation has acquired some inventory from an overseas supplier and the amount payable is ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A sales-based ranking of software companies provided by Yahoo! Finance on November 5, 2008, places Oracle Corporation third behind sales leaders Microsoft Corporation and IBM Software. Typical of...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
A sales-based ranking of software companies provided by Yahoo! Finance on November 5, 2008, places Oracle Corporation third behind sales leaders Microsoft Corporation and IBM Software. Typical of...
-
29. According to cognitive dissonance theory, why do people change their attitudes to match their behaviour? (1 Point) People guess their attitude from the O behaviour they see themselves performing...
-
Describe the principal steps in the implementation phase. What are the major deliverables?
-
Mr. Grifn Smith donated $3,500,000 to the University of Baton Rouge (a government university) with the stipulation that earnings of the rst ten years be used to provide scholarship for social...
-
Suppose that in the double stochastic Simplico gold mine example the real probability of an up move in gold is 6 and the real probability of an up move in the short rate is .7. Suppose also that gold...
-
How does factor analysis allow for data reduction?
-
2. (40%) Use the Quartus tools to fill the table for the tristate buffer. tristate buffer a 0 1 Z XU 0 1 en Z X U What is your observation from the resulting table?
-
Arndt, Inc., reported the following for 2024 and 2025 ($ in millions): a. Expenses each year include $30 million from a two-year casualty insurance policy purchased in 2024 for $60 million. The cost...
-
What is a hedge and what is its purpose?
-
Do you think that a reporting entity would prefer to classify a financial instrument as debt or equity? Why?
-
A typical section of a building wall is shown in Fig. P1758. This section extends in and out of the page and is repeated in the vertical direction. The wall support members are made of steel (k = 50...
-
A business provides services valued at 1 1 0 0 and sends an invoice to the client. The client has promised to pay in one month. which two accounts will be affected?
-
A firm just paid an annual dividend of $3.50 per share. Dividends are expected to grow at 5% per year. If the discount rate for this firm is 12%, how much is a share of this firm worth?Group of...
-
Solve the following complex number problems. Solutions for complex number transformation is required in this item. a. Simplify: 120 +31 18-2115 2111 +5 b. (32-120)+(1/120) (4-1)(-1-1) 5e C. 2e0.25mi...
-
Given that f(x) = x2 -6 and g(x)=-7x + 5, find d() () if it exists.
-
The graph below shows the number of people who consume different numbers of lollipops per year. What is the median number of lollipops consumed? Number of People 3 27 24 21 18 15 12 96 Number of...
-
Aspartame is an artificial sweetener that is 160 times sweeter than sucrose (table sugar) when dissolved in water. It is marketed as NutraSweet. The molecular formula of aspartame is C 14 H 18 N 2 O...
-
The company manufactures three products: wooden chairs, tables and dressers. AFC started off as a 'Mom & Pop' shop but has grown rapidly. AFC uses one assembly line to build all three products,...
-
How do documentation procedures contribute to good internal control?
-
What internal control objectives are met by physical controls?
-
What internal control objectives are met by physical controls?
-
Task 1: Pedestrian Stoplight Many crosswalks have a stoplight that tells pedestrians when they can cross the street. They use three phases: 1. "Go" - solid green 2. "Don't start" - flashing red 3....
-
Along an elevated section of highway, the traffic density is 1.500 vehicles per hour with an average speed of 50 miles per hour. The wind speed is 4 ft/sec, it is daytime with moderately sunny...
-
A shovel of sand is thrown into a toy rail road car standing on a level frictionless track. If the sand has a mass ms = 1180 g and is thrown with a velocity v = 5.7 m/s, how far up in height in...
Study smarter with the SolutionInn App