On March 1,20X2,McBride Ltd

question 10

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.What is the cost of the hedge?

• A)$2,200
• B)$4,640
• C)$4,960
• D)$6,680

Understand the impact of leadership on organizational change and the role of trust, as well as the influence of cultural and perceptual differences on leadership effectiveness.

Understand the characteristics and competencies of effective leaders.

Identify and differentiate between various leadership perspectives and theories.

Recognize the importance of situational factors in leadership effectiveness.

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Definitions:

Source A

The originating point or provider of data, power, or signals in a system or circuit.

Time Value

The worth of something which may vary depending on time, often used in finance to denote how value changes over time.

Timer

An electronic component or software function that counts time intervals for the purpose of delaying actions or triggering events at specific moments.

Logic Rung

A single control element in a ladder diagram, representing a specific logic operation in a PLC program.