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:

Efferent Arteriole

An efferent arteriole is a small artery that emerges from the glomerulus in the kidney, carrying filtered blood away from the glomerulus to the capillaries of the kidney tubules.

Angiotensin II

A hormone that causes blood vessels to constrict, resulting in increased blood pressure, and stimulates the release of aldosterone from the adrenal glands.

Aldosterone Secretion

The release of aldosterone, a steroid hormone, from the adrenal cortex, which regulates sodium and potassium balance in the blood.

Vasodilator

A substance that causes blood vessels to expand, increasing blood flow and decreasing blood pressure.