Which of the Following Is NOT Among the Four Methods

question 17

Multiple Choice

Which of the following is NOT among the four methods which have been used to translate foreign currency financial statements globally?

• A) The historic/non-historic method
• B) The monetary/non-monetary method
• C) The temporal method
• D) The current/non-current method

---

Definitions:

Enron

was a U.S.-based energy company that collapsed in 2001 due to one of the largest accounting fraud scandals in history.

Financial Deregulation

The process of removing or reducing government restrictions on financial markets and institutions, often with the intent to increase efficiency, competitiveness, and innovation in the financial sector.

European Banks

Financial institutions based in Europe, playing key roles in the global financial system through lending, investment, and other financial services.