Where is the remeasurement gain or loss reported in the parent company's financial statements?

A. Cumulative translation adjustment as a deferred asset.
B. Other comprehensive income.
C. Cumulative translation adjustment as a deferred liability.
D. Net income/loss in the income statement.
E. Retained earnings.


Answer: D

Business

You might also like to view...

Firms using a(n) ________ strategy do not aim to outperform the competition in an existing industry but to create a new market space.

A. eco-efficiency strategy B. sustainable value innovation strategy C. beyond compliance leadership strategy D. eco-branding strategy E. environmental cost leadership strategy

Business

If an individual is classified as an employee, the employer is required to withhold the employee's share of the FICA tax and to provide a matching amount.

Answer the following statement true (T) or false (F)

Business

Attempts to deceive consumers into releasing personal information online are referred to as online fraud.

Answer the following statement true (T) or false (F)

Business

Which of the following statements is true if a process has a capability index (Cp) of 0.83?

A) The process is capable. B) The process is not capable. C) Cannot tell whether the process is capable or not from the information. D) The product specifications are adequate.

Business