If an Imbalance Results from the Accounting Method Used for Translation

question 52

Multiple Choice

If an imbalance results from the accounting method used for translation, the imbalance is taken either to ________ or ________.

• A) the bank; the post office
• B) depreciation; the market for foreign exchange swaps
• C) current income; equity reserves
• D) current liabilities; equity reserves

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Definitions:

Political Parties

Organizations that seek to achieve power within a government through the election of their candidates to public office.

Bills Introduced

The initial step in the legislative process where proposed laws are presented for consideration to a legislative body.

Die In Committee

A legislative term referring to a bill that is not advanced out of a committee to be voted on by the larger legislative body, effectively halting its progress.

Money Bills

Legislation specifically related to taxation or government spending, typically originating in a legislature's lower house.