Question: You have just been hired as the Treasurer of a major multinational manufacturing company that has operations and sales in over 10 countries. The nature of the business has resulted in revenues generated in a number of currencies, supplies purchased globally in many currencies, and a capital structure which includes financing attained (via bonds and bank loans) in a number of different countries across the globe. The primary reason that you were hired is that the incumbent Treasurer did not put a risk management process in place which has resulted in some rather large income statement hits over the past few years.