Lawrence Company, a U

question 40

Multiple Choice

Lawrence Company, a U.S. company, ordered parts costing 1,000,000 Thailand bahts from a foreign supplier on July 7 when the spot rate was $0.025 per baht. A one-month forward contract was signed on that date to purchase 1,000,000 bahts at a rate of $0.027. The forward contract is properly designated as a fair value hedge of the 1,000,000 baht firm commitment. On August 7, when the parts are received, the spot rate is $0.028. What is the amount of accounts payable that will be paid at this date?

• A) $20,000.
• B) $20,100.
• C) $25,000.
• D) $27,000.
• E) $28,000.

Apply the concept of routine expertise in training for skill transferability across scenarios.

Explain the significance of overlearning in mastering lifesaving skills.

Evaluate the benefits of internally developed training programs.

Determine the effective use of training objectives in connecting needs analysis to training programs.

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Definitions:

Split-Second Fear

A rapid, automatic fear response to a perceived threat, occurring in a fraction of a second.

Unconscious

Pertaining to the part of the mind that is inaccessible to the conscious mind but influences behaviors, thoughts, and feelings.

Neural Processing

The method by which the nervous system receives, interprets, and responds to signals from the sensory organs or other neural inputs.

Automatic Emotional Responses

Immediate and unconscious emotional reactions to certain stimuli or situations without deliberate thought.