The use of derivatives to offset the negative impacts of changes in interest rates, cash flows, or foreign currency exchange rates.
(a) hedging
(b) parent
(c) fair value hedge
(d) effective-interest method
Ans: (a) hedging
Business
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Which of the following is a disadvantage of the matrix structure?
A) lack of concern for cost B) possibility of a role conflict C) decreased ability of the organization to respond quickly to changing customer needs D) high level of differentiation between functions
Business
Compare and contrast a full-service brokerage firm and a discount brokerage firm
What will be an ideal response?
Business