​Choose the One Most Appropriate Statement for Each

question 93

Multiple Choice

​Choose the one most appropriate statement for each.
-peristalsis

• A)​a process that propels material in the esophagus farther long the tube to the stomach
• B)​ring of muscles that open and close to control passageways
• C)​thin, outermost layer of stomach
• D)​a regurgitated ball of food particles
• E)​emulsify fat globules
• F)​have multiple stomach chambers, some of which store populations of microorganisms
• G)​interior lining of stomach
• H)​gastric inhibitory peptide
• I)​mixture of mucus, HCl, and pepsinogen
• J)​a mixture of gastric fluid and food particles in the stomach

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Definitions:

Remeasurement

The process of converting foreign currency amounts into a functional currency using exchange rates that reflect changes in market conditions.

Translation

The process of converting the financial statements of a foreign subsidiary into the reporting currency of the parent company, according to appropriate accounting standards.

Purpose

The underlying motive or reason for the creation or existence of something.

Translation Adjustment

An adjustment in the financial statements to account for gains or losses that arise from converting foreign currencies into the reporting currency.