The Following Information Pertains to Questions

question 18

Multiple Choice

The following information pertains to questions
On July 1,2014,when the spot rate was US$1=CDN$1.1445,North Inc,based in the Alberta,ordered merchandise from an American supplier for US$600,000.Delivery was scheduled for the month of September,with payment to be made in full by December31,2014.
Once the order was placed,North entered into a forward contract with its bank to purchase US$600,000 in December at the forward rate of $1.1625CDN.The merchandise was received on October 1,2014,when the spot rate was US$1=$1.1575CDN.On October 31,the company's year-end,the spot rate was $1.1690.North purchased the U.S.dollars to pay its supplier on November 15,2014 when the spot rate was $1.1725CDN.
-What is the amount of North's deferred exchange gain or loss arising from this transaction?

• A)Nil
• B)$7,800 Gain
• C)$3,900 Loss
• D)$4,000 Gain

Understand the application of conjunction rules in logical arguments.

Apply addition rules to infer new information from given statements.

Critically analyze logical arguments to identify correct and incorrect applications of logical rules.

Understand the impact of conditional statements in logical inferences.

---

Definitions:

Patient Care Management

A healthcare approach focused on coordinating and managing all aspects of a patient's care to improve health outcomes.

Public Records

Official documents and records that are made available to the general public by the government or other public entities.

Licensed Practitioner

An individual who has been granted the legal authority to perform certain tasks and services in their profession after meeting specific requirements, such as education and passing exams.

X-ray Report

A detailed analysis and interpretation of an x-ray examination, provided by a radiologist, to diagnose conditions or diseases.