There Are Two Points at Which Operating in a Foreign

question 63

Multiple Choice

There are two points at which operating in a foreign currency raises issues for accounting,

• A)when debt is incurred and when foreign payrolls are run.
• B)when transactions are made in foreign currencies and when foreign subsidiaries consolidate their results back to corporate.
• C)when the currency fluctuates and when the local inflation rate changes.
• D)when the interest and inflation rates change.

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