Which of the following are rules to use when choosing between forward contracts and currency options?

A. When the quantity of a foreign-currency cash outflow is known, buy the currency forward

B. When the quantity of a foreign currency cash outflow is unknown, buy the currency forward

C. When the quantity of a foreign currency cash flow is partially known and partially uncertain, use a forward contract to hedge the known and unknown portions

D. when the quantity of a foreign currency cash inflow is known, buy the currency forward

Answer: Option A