Where Is the Disposition of a Remeasurement Gain or Loss

question 21

Multiple Choice

Where is the disposition of a remeasurement gain or loss reported in the parent company's financial statements?

• A) Net income/loss in the income statement.
• B) Cumulative translation adjustment as a deferred asset.
• C) Cumulative translation adjustment as a deferred liability.
• D) Other comprehensive income.
• E) Retained earnings.

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Definitions:

Overexploited

A condition where natural resources are consumed at a rate faster than they can replenish, leading to depletion or significant ecological damage.

Relative

This term refers to something considered in relation or in proportion to something else.

Overfishing

The unsustainable harvesting of fish species at a rate faster than they can reproduce, leading to declining populations.

Reduce Costs

Strategies or actions taken by businesses to decrease expenses and improve profitability without compromising the quality of their products or services.