Using the current rate, equity accounts are translated
A. using current rates, just as in assets and liabilities.
B. only when they are liquidated, and then at current rates.
C. using the historical rates of the transaction.
D. using market rates (real estate market, stock market).
Answer: C
You might also like to view...
Which of the following would be the best opening sentence for a solicited application letter?
A) "I am clearly the best person for the job you've advertised." B) "I'm sure you get these letters all the time, but I hope you'll read mine carefully." C) "I want a job, and you've got one that I could do." D) "Based on your company's remarkable growth over the past three years, I can appreciate your need for highly qualified and experienced sales personnel." E) "My entire life I have dreamed about working in a job such as this."
In the 21st century, which public relations job search skill remains the most effective?
A) networking B) interning C) resume writing D) job fair attendance
When excessive competition replaces the cooperation necessary for organizational and individual success, communication can be diminished, if not eliminated
Indicate whether the statement is true or false
A company initiating a recall for a dangerously defective product would most likely be adhering to which business ethics concept?
a. Rights and duties b. Utilitarianism c. Rationalism d. Environmentalism