The Translation Method Used When the Functional Currency Is the Parent

question 2

Multiple Choice

The translation method used when the functional currency is the parent currency is the ________.

• A)current-rate method
• B)temporal method
• C)translate-restate method
• D)consolidation method

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Definitions:

One-Way Model

A communication model where information flows in only one direction, from sender to receiver, without feedback.

Circular Model

A communication model that emphasizes feedback, indicating that communication is a continuous and dynamic process.

Transaction Model

A communication framework that considers the dynamic and reciprocal exchange of messages between sender and receiver, including the context and potential for feedback.

Formal Communication

Structured exchange of information that follows established protocols or rules within an organization.