All of the Following Are Examples of How a Finance

Multiple Choice

All of the following are examples of how a finance department can support international currency requirements except _____.

A) pay in U.S.dollars
B) identify the currency a firm should use for payment based on projections of currency fluctuations
C) provide advice about hedging and currency forecasts
D) act as a clearinghouse for offshore currencies to make payment for offshore purchases
E) provide advice as to whether to seek a new contract or renegotiate an existing one because of currency changes