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Define and briefly discuss the following :
1 – Budgeting including the main tools and why budgeting is important to the firms ( more details ) and how it could be more effective in the organisations .
2 -Bonds ( purpose , uses , benefits and drawbacks)
3 -the main types of bonds ( Bid , Performance , Advance(for project and constructions ) and the last type Payment (for services) 4 – L/C and how it would be effective in the organisation ( Purpose and uses , Benefits and drawback ) 5- Foreign Exchange and how can we use it for hedging , how can we determine if the rate is applicable to buy i.e. the factors that affect the decision to purchase the currency to pay due invoices to suppliers in another country ) write in more details and different approaches provide proper examples existed in market , references aren’t compulsory

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