The Foreign-Currency Translation Adjustment Is Part of Other Comprehensive Income

question 14

True/False

The foreign-currency translation adjustment is part of other comprehensive income.

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Definitions:

Muscles

Soft tissues found in most animals that produce force and motion through contraction and are essential for bodily movement, posture, and balance.

Cerebellum

A region of the brain that plays a significant role in motor control, and is also involved in cognitive functions such as attention and language.

Reflex

An automatic and involuntary response to a stimulus, bypassing conscious thought.

Automatic Response

A reaction that occurs without conscious thought, typically as a result of learned behaviors or instincts.