1). FOREIGN CURRENCY
One management strategy for reducing Foreign Exchange Rate risk is to employ Futures Contracts and Forward Contracts.
In a post of no more than 2 paragraphs, please directly address the following:
• Explain when each strategy is most appropriate.
o Be sure to include examples to illustrate your points.
2). CLASSIFICATION OF GOVERNMENT FUNDS
Funds used by state and local governments are classified as governmental, proprietary, or fiduciary, depending on their activities and objectives.
• Analyze the main differences between governmental and fiduciary funds.
o Support your analysis with specific examples.
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