How Should Currency Translation Be Done in Order to Conveniently

question 51

Multiple Choice

How should currency translation be done in order to conveniently compare a financial statement presented in Japanese yen to a financial statement presented in Chinese yuan?

• A)The temporal method should be used.
• B)The historical exchange rates should be used to convert financial statement amounts.
• C)All amounts should be converted at the current exchange rate.
• D)Current year statements should be converted at the current exchange rate, and prior year statements should be converted at prior year exchange rate.

---

Definitions:

Male Ejaculates

The process by which a male discharges semen from the body during sexual climax.

Muscle Control

The ability to direct and coordinate muscle movement in the body.

Stimulus Motive

An intrinsic desire to explore and interact with the environment, driven by external stimuli.

Primary Drive

A basic, innate urge or motivation, such as hunger or thirst, that prompts an organism to take action to satisfy its needs.