If the Importing Bank's Acceptance Commission Is 1

question 13

Multiple Choice

If the importing bank's acceptance commission is 1.25 percent,determine the amount the exporter will receive if he holds the B/A until maturity.

• A)$2,945,625
• B)$2,990,625
• C)$3,000,000
• D)$3,009,375

Explain the James-Lange theory of emotion and its implications.

Describe the affect-as-information theory and its application in forming impressions.

Identify the differences between primary and secondary emotions and their influences on decision-making.

Explain how learning influences eating behaviors.

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Definitions:

Budgeting

A process of creating a plan to spend your money, outlining projected income and expenses over a period.

Spending Variances

The difference between the actual amount spent and the budgeted amount for a particular accounting category.

Favorable

A term used in finance and accounting indicating that actual performance is better than the expected or budgeted performance.

Unfavorable

A term used in budgeting and accounting to describe a financial condition or variance that is worse than expected or budgeted.