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On March 1,20X2,McBride Ltd

question 14

Multiple Choice

On March 1,20X2,McBride Ltd.issued a purchase order to Tao Heavy Machines (Singapore) Inc.to acquire a drilling machine for $400,000 SGD.On the same day,McBride entered into a forward contract to receive $400,000 SGD on July 31,20X2.The machine was delivered on June 1,20X2 and payment was made July 31,20X2.McBride has an April 30 year-end.The following information has been provided:

Assume that the transaction qualifies as a fair-value hedge.On March 1,at what amount should the forward contract be recorded?

Comprehend the objectives and outcomes of détente as handled by Nixon and Kissinger, and the continuation of such policies under Carter.

Identify key figures and their roles in the implementation of foreign policy during the Nixon and Carter administrations.

Assess the response of American society and government to international crises, particularly the Soviet intervention in Afghanistan.

Understand the social changes and movements in the 1970s among women, Hispanic Americans, Native Americans, African Americans, and the LGBTQ+ community.

Definitions:

Brain-Wave Response

Electrical patterns in the brain that reflect different states of consciousness or activity, which can be measured with an EEG (electroencephalogram).

Generalization

The process in psychology by which a response is made to a stimulus similar to the one that originally elicited the response.

Observational Learning

A learning process whereby individuals acquire new behaviors or knowledge by observing and imitating others.

Higher-Order Conditioning

A procedure in which the conditioned stimulus in one conditioning experience is paired with a new neutral stimulus, creating a second (often weaker) conditioned stimulus. For example, an animal that has learned that a tone predicts food might then learn that a light predicts the tone and begin responding to the light alone. (Also called second-order conditioning.)