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MA5-50. Fluctuations in foreign currency exchange rates can result in increased volatility of revenues, expenses,...

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Accounting

MA5-50. Fluctuations in foreign currency exchange rates can result in increased volatility of revenues, expenses, and profits. Companies generally attempt to reduce this volatility.

A. Identify two possible solutions to reduce the volatility effect of foreign exchange rate fluctuations.

B. What costs would arise if you implemented each of your solutions?

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