The Following Balance Sheet Accounts of a Foreign Subsidiary at December

question 17

Multiple Choice

The following balance sheet accounts of a foreign subsidiary at December 31, 2017, have been translated into U.S. dollars as follows: What total should be included in the translated balance sheet at December 31, 2017, for the above items? Assume the U.S. dollar is the functional currency.

• A) $1,270,000
• B) $1,288,000
• C) $1,300,000
• D) $1,354,000

---

Definitions:

Emotionally Unavailable

An inability or unwillingness to share emotions or emotionally engage with others.

Controlling

The act or process of directing or influencing the behavior of others or the course of events, often with authority or manipulation.

Bad Listener

Someone who is ineffective at actively engaging with and understanding spoken communication from others.

Non-Normal

Describes data that does not follow a normal distribution, which is a statistical pattern where most observations cluster around the mean.