When a Foreign Entity Has the U

question 38

Multiple Choice

When a foreign entity has the U.S.dollar as its functional currency,it uses which exchange rate to translate monetary assets and liabilities?

• A) the average exchange rate during the period
• B) the end of the period exchange rate
• C) the historical exchange rate
• D) the exchange rate on the date the asset or liability was obtained

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Definitions:

Dialectical Behavior Therapy

A comprehensive cognitive-behavioral treatment that emphasizes individual psychotherapy and group skills training classes to help people learn and use new skills and strategies to develop a life that they experience as worth living.

Cognitive Tactics

Strategies or methods employed by an individual to solve problems, make decisions, or process information.

Mindfulness Meditation

A reflective practice in which people attend to current experiences in a nonjudgmental and accepting manner.

Cognitive Therapy

A type of psychotherapy that aims to change negative patterns of thinking in order to alter unwanted behavior patterns and emotional states.