What cite reasons for global businesses facing scenarios

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1. Airlines, like Delta, Southwest, and United, are affected by changes in the price of jet fuel.

2. Financial institutions, such as Citigroup, Bankers Trust, and BMO Harris, are involved in borrowing and lending funds that are affected by changes in interest rates.

3. Multinational corporations, like Cisco Systems, Coca-Cola, and General Electric, are subject to changes in foreign exchange rates.

Instruction:

Question 1: In light of IFRS and GAAP, cite reasons for global businesses facing scenarios above for financial transactions' disclosure at Fair value?

Reference no: EM132569291

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