Which of the Following Primary Principles of U

question 37

Multiple Choice

Which of the following primary principles of U.S. translation procedures is NOT true?

• A) If the financial statements of the foreign subsidiary of a U.S. company are maintained in U.S. dollars, translation is not required.
• B) If the financial statements of the foreign subsidiary are maintained in the local currency and the local currency is the functional currency, they are translated by the temporal method.
• C) If the financial statements of the foreign subsidiary are maintained in the local currency and the U.S. dollar is the functional currency, they are remeasured by the temporal method.
• D) All of the above are true.

---

Definitions:

Ineffective Coping

An inability to use appropriate and effective strategies to deal with stressful internal or external demands.

Decisional Conflict

The state of uncertainty about the course of action to take when choosing among competing actions, often in the context of health-related decisions.

Lung Cancer

A type of cancer that begins in the lungs and is often associated with smoking, but can also occur in non-smokers.

Consent

The voluntary agreement to or permission for something to happen, after understanding all the relevant facts and implications, especially in contexts like medical treatment or research.