On March 1,20X2,McBride Ltd

question 12

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 cash-flow hedge.What is the cost of the hedge?

• A)$ 1,800
• B)$ 2,200
• C)$ 4,960
• D)$12,360

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Definitions:

Succession Management

Succession management is a process in organizations aimed at identifying and developing internal personnel with the potential to fill key business leadership positions in the future.

Succession Management Plans

Strategies developed by organizations to identify and prepare future leaders to fill key positions within the company, ensuring leadership continuity.

Succession Management

A process in an organization to ensure that employees are recruited and developed to fill each key role within the company over time.

Developmental Opportunities

Initiatives or programs designed to enhance skills, knowledge, and competencies, leading to personal and professional growth.