The FITT Principle Is

question 56

Multiple Choice

The FITT principle is

• A) the theory that people who are flexible, intense, tall, and thin are more likely to be fit.
• B) the principle followed to achieve an appropriate overload for physical training.
• C) a method to determine your fitness level based on your target heart rate.
• D) a method used to assess fitness based on flexibility, interest, training, and technique.

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in measuring and reporting its financial performance.

Operating Revenues

Income generated from the core business activities of an entity excluding non-operating income sources.

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.