Under Which Method Does the Gain or Loss Due to Translation

question 40

Multiple Choice

Under which method does the gain or loss due to translation adjustment not affect reported cash flows,as it does with the other three translation methods?

• A)Current/noncurrent method
• B)Monetary/nonmonetary method
• C)Temporal method
• D)Current rate method

---

Definitions:

German Law

A legal system established in Germany, characterized by its codified laws, which include civil, criminal, and public law.

Actual Cause

The true, direct cause of an event, establishing a clear link between an action and its outcome in legal or causal terms.

But-For Causation

A principle in tort law that directly relates the injury complained of to the specific action of the defendant, suggesting that but for this action, the injury would not have occurred.

Professional Malpractice

The failure of a professional to perform their duties to the required standard of care, resulting in harm to a client or patient.