Company X Denominated a December 1,20X9,purchase of Goods in a Currency

question 9

Multiple Choice

Company X denominated a December 1,20X9,purchase of goods in a currency other than its functional currency.The transaction resulted in a payable fixed in terms of the amount of foreign currency,and was paid on the settlement date,January 10,2010.Exchange rates moved unfavorably at December 31,20X9,resulting in a loss that should:

• A)be included as a separate component of stockholders' equity at Dec.31,20X9.
• B)be included as a component of income from continuing operations for 20X9.
• C)be included as a deferred charge at December 31,20X9.
• D)not be reported until January 10,2010,the settlement date.

Describe the diffusion of innovation theory and identify product adopter categories.

Explain ethical considerations in product packaging and pricing strategies.

Differentiate between trading up and trading down strategies in product repositioning.

Identify and describe various shapes of product life cycles.

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Definitions:

Need for Achievement

A psychological drive that fosters the pursuit of accomplishing difficult tasks and meeting high standards of success.

NAch

N-Acetylcholine, a neurotransmitter involved in the activation of muscle action, learning, and memory.

Self-Actualization

A psychological concept referring to the realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Full Human Potential

The realization of an individual’s complete capability and capacity for growth and development in all aspects of life.