Empirical Research Confirms That the Effect of Social Networks Can

question 102

True/False

Empirical research confirms that the effect of social networks can constrain the opportunities and advancement of women to corporate board memberships.

---

Definitions:

Consolidating

The process of combining financial statements from different entities within a single corporate group to provide a single set of financial statements.

Foreign Subsidiary

A company owned or controlled by another company (the parent company) but located and operating in a foreign country.

Cumulative Translation Adjustment

An entry in the accumulated other comprehensive income section of a translated balance sheet summarizing the gains or losses from currency translation differences.

Remeasurement Gain or Loss

A financial result that occurs when the value of a foreign currency transaction is adjusted to reflect exchange rate changes at the balance sheet date.