Which of the Following Methods Uses the Current Exchange Rate

question 19

Multiple Choice

Which of the following methods uses the current exchange rate to consolidate all accounts of a foreign subsidiary into the financial statements of its parent?

• A)current rate method
• B)temporal method
• C)current/noncurrent method
• D)none of the above

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Definitions:

Forced Out

The act of being compelled to leave or exit a position, situation, or location, often against one's will or through pressure.

Politics

The activities associated with governance of a country or area, especially the debate among individuals or parties hoping to achieve power.

Kansas Exodus

A migration in 1879 and 1880 by some 40,000–60,000 blacks to Kansas to escape the oppressive environment of the New South.

Racial Violence

Acts of aggression and conflict that stem from racial prejudice or racism, often resulting in harm to individuals or communities based on their race or ethnicity.