Which of the Following Statements Is Correct

question 53

Multiple Choice

Which of the following statements is correct?

• A) Capital stock of a foreign subsidiary is translated at the historical rate,that is,the rate prevailing on the date the subsidiary was acquired.
• B) Dividends are translated at the average exchange rate for the year.
• C) Retained earnings are translated at the average exchange rate for the year.
• D) Assets and liabilities are translated at the historical rate prevailing when the subsidiary was acquired.

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Definitions:

Habitat Fragmentation

The division of habitats that formerly occupied large, unbroken areas into smaller pieces by roads, fields, cities, and other human land-transforming activities.

Specialized Feeding

The adoption of unique feeding strategies and mechanisms by certain organisms to suit their environmental conditions and nutritional requirements.

Deliberate Extermination

A planned and intentional act of completely destroying or eliminating a group or species.

Overhunting

describes the excessive hunting of animal species to the point where it leads to a significant reduction in their population, potentially leading to extinction.