On September 1, 2017, Mudd Plating Company Entered into Two

question 18

Multiple Choice

On September 1, 2017, Mudd Plating Company entered into two forward exchange contracts to purchase 250,000 euros each in 90 days. The relevant exchange rates are as follows: The second forward contract was strictly for speculation. On September 30, 2017, what amount of foreign currency transaction gain should Mudd Plating report in income?

• A) $0.
• B) $2,500.
• C) $5,000.
• D) $10,000.

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Definitions:

Planned Organisational Change

A deliberate effort to modify an organization's structure, processes, or culture to achieve specific goals.

Organisation Development Interventions

Planned actions or programs aimed at improving an organization's effectiveness through changes in processes, people, or structures.

Organisational Effectiveness

The degree to which an organization achieves its goals through efficient resource utilization while satisfying stakeholders' needs.

Organisation Development Interventions

Initiatives aimed at improving an organization's effectiveness through planned change processes.