Under FASB 52

question 8

Multiple Choice

Under FASB 52:

• A)translation gains and losses are included in the reported net income.
• B)translation gains and losses are included in stockholder's equity.
• C)A and B
• D)none of the above

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Definitions:

Han

The majority ethnic group of China, constituting over 90% of its population.

Surplus Of Women

A demographic situation where the number of women in a population exceeds the number of men, often with social and economic implications.

Warfare

The engagement in or the activities involved in war or conflict.