Happ, Inc Agreed to Purchase Merchandise from a British Vendor on on November

question 25

Multiple Choice

Happ, Inc. agreed to purchase merchandise from a British vendor on November 30, 20X3. The goods will arrive on January 31, 20X4 and payment of 100,000 British pounds is due February 28, 20X4. On November 30, 20X3, Happ signed an agreement with a foreign exchange broker to buy 100,000 British pounds on February 28, 20X4. Exchange rates to purchase 1 British pound are as follows: Because of this commitment hedge, Happ, Inc. will record the merchandise at what value when it arrives in January?

• A) $165,000
• B) $164,000
• C) $160,000
• D) $159,000

Understand how cultural differences impact listening responses.

Identify practices of effective listening.

Recognize behaviors that hinder effective listening and know how to counteract them.

Define the characteristics of adept listening.

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Definitions:

Global Projects

Projects that involve stakeholders, teams, and impacts across multiple countries or worldwide.

Execution Phase

The stage in a project or process where the plans are put into action and the work required is performed.

Procurement

Procurement is the process of obtaining goods, services, or works from external sources, often through bidding or tender processes.

Identified Risks

Potential events or conditions that could negatively impact a project or business operation, which have been recognized and assessed for their impact and likelihood.