What kind of foreign exchange exposure does accor face, Project Management

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What kind of foreign exchange exposure does accor face

Problem

U.S. based Accor company has a subsidiary in Germany. The German subsidiary prepares its financial statements in euros. At the end of the year, Accor needs to prepare its consolidated financial statements in US$. What kind of foreign exchange exposure does Accor face?

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Project Management: What kind of foreign exchange exposure does accor face

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Project Management: What kind of foreign exchange exposure does accor face

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