Method to reduce the risks of currency exchange

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Reference no: EM131083435

Your organization has always sold goods to the domestic market, for the first time they have expanded into Europe. As the Head of Internal Audit the board is concerned with risk of dealing with another currency (the Euro).

The board has asked you to write a report to explain the following:

a) The implications and risks for selling in Euros for the organization.

b) Method to reduce the risks of currency exchange.

Reference no: EM131083435

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