If the Translation Process Is Sound, It Should

question 9

Multiple Choice

If the translation process is sound, it should:

• A)​provide information that is compatible with the expected economic effects of rate changes.
• B)​reflect in the financial statements the financial results of the company in conformity to the accounting principles of the country in which the subsidiary is located.
• C)​result in translation adjustments that are relatively consistent in amount.
• D)​None of the above is correct.

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Definitions:

Convert

To change something into a different form, function, or state.

Divisor

A number by which another number is to be divided.

Numerical Expression

A mathematical statement that includes numbers, operations, and sometimes variables, but does not contain an equality or inequality sign.

Designated Whole Number

A specific, named integer that has been allocated for a particular purpose or identified in a particular context.