Pat and Jose Are Classmates,but Pat Gets Mad When Jose

question 48

Multiple Choice

Pat and Jose are classmates,but Pat gets mad when Jose speaks Spanish with Lupe,another classmate,saying "This is America,everybody must speak only in English." Pat's attitude is likely to create which problem in communication with Jose and Lupe?

• A)cultural noise
• B)environmental noise
• C)feedforward
• D)physiological noise

Determine the accounting treatment for forward contracts and currency options under U.S. GAAP.

Analyze the effect of exchange rate changes on foreign currency denominated transactions and hedging activities.

Understand the definitions and applications of spot rates, forward rates, and the calculation of gains or losses on foreign exchange.

Identify the factors necessary to determine the fair value of forward contracts.

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