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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › business risks (3)
(*Waste. spelt it wrong before :S)
Hi Mike
continuing on from talking about real life events. If business risks comes up with some sort of forex could we write
purchases are made in a foreign currency and they dont seem to be hedged. Major events such as Brexit can severely effect the companies purchasing power… and so on
does this add value?
thanks
also can we use terminology like the company shouldn’t put all its eggs it one basket if they changed to 1 only supplier
Brexit – yes, certainly
Eggs in baskets – depends if you are writing a report to, for example, the audit committee or just writing a general set of observations to a generalised question
Probably more professional to say that “the company board should be advised to spread the risk and move away from the heavily concentrated focus on the production of weapons of mass destruction”
Probably eggs in baskets is a shade too unprofessional