Question: Read and understand the information provided and identify / select the best alternate answer from the list below. A UK company trades wholly in the

Read and understand the information provided and identify

/

select the best alternate answer from the list below. A UK company trades wholly in the UK

,

but it is a subsidiary of a French company which has a group policy that all invoices are issued in Euros. Which of the following is a disadvantage of such a policy? I. The UK company

s UK customers now settle their bills in Euros II

.

Trade between group companies is all in Euros III. Prices are transparent throughout the group IV

.

Accounts consolidation will all be in Euros

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