Individuals who manage hedging of foreign exchange risk have many hedging tools they can use.  Research hedging tools and discuss how managers can manipulate the financial statements based on the hedging tool they select.

The body of this paper should be 2-3 pages (not including cover page, abstract or references) but not more than 4 pages.

This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.

Be sure to provide specific examples throughout your paper to back up your statements