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NEW QUESTION: 1
Hedgehog International has a receivable valued at 500,000 local currency units from its foreign customer
due in 90 days. The current spot rate of the local currency unit is $.60. Hedgehog purchases a put option
to sell the local currency unit in 90 days for $.61 for a premium of $.005. The exchange rate for the local
currency increases to $.63 in 90 days. What will Hedgehog do on the receivable's settlement date?
A. Hedgehog will not exercise the option and sell local currency units collected from its receivable at the
spot rate.
B. Hedgehog will sell the option at the settlement date and combine its proceeds along with local currency
units purchased at the spot rate to maximize its revenue.
C. Hedgehog will exercise its option and sell the proceeds of its accounts receivable collection under the
provisions of the option contract at a gain.
D. Hedgehog will be indifferent as to whether it exercises the option or not.
Answer: A
Explanation:
Choice "b" is correct. Hedgehog will not exercise its option and will, instead convert the local currency
units collected from the receivables to its domestic currency by selling that currency at the spot rate at the
time of collection. The exercise of the option represents a less profitable alternative than sale of the
accounts receivable proceeds at the spot rate at the time the receivables are collected. The exercise of
the option in comparison to allowing the option to expire is computed as follows:

The premium is a sunk cost and is irrelevant to the Explanation: . Note that the premium is a factor in
determining the net gain (loss) but not in deciding whether to exercise option.
Choices "a", "c", and "d" are incorrect, per computation above.

NEW QUESTION: 2
Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)
A. Accounting date is the first day of the first open accounting period.
B. Project accounting date is the same as the original invoice date.
C. Accounting date is the same as the original invoice date.
D. Project accounting date is the first day of the first open project accounting period.
E. Project accounting date is the last day of the open project accounting period.
Answer: A,D

NEW QUESTION: 3
Your database is running in archivelog mode. You are taking a backup of your database by using RMAN with a recovery catalog. Because of a media failure, one of the data files and all the control files are lost.
Examine the steps to recover the database:
1.Restore the control files by using the RMAN restore controlfile command.
2.Mount the database.
3.Restore the data files by using the RMAN restore database command.
4.Open the database with the resetlogs option.
5.Recover the data files by using the RMAN recover using backup controlfile command.
6.Start the database instance in nomount state.
7.Connect to the target database by using a recovery catalog.
8.Open the database.
9.Restore the data file.
10.Recover the data file.
Identify the required steps in the correct order.
A. 7, 6, 1, 2, 9, 10, 8
B. 7, 2, 1, 3, 5, 8
C. 7, 6, 1, 2, 9, 10, 4
D. 7, 6, 1, 2, 3, 5, 4
Answer: C

NEW QUESTION: 4
You increased the multicast time to live value on Contact Center Manager Server (CCMS) Later when checking the RTD multicast configuration, it is discovered that the original setting is still in effect.
Which service must be restarted in Windows Services so that the new value can take effect?
A. CCMS RSM_Service, the Real-Time Statistical Manager Service
B. CCMS SDP_Service, the Statistical Data Propagator Service
C. CCMA lceRTDService, the CCMA Real-Time Display Service
D. CCMS RDC_Service, the Real-Time Data Calculator Service
Answer: B