In Most Cases, Which of the Following Is Not a Component

question 6

Multiple Choice

In most cases, which of the following is not a component of translated retained earnings?

• A)​Translated retained earnings at the end of the prior period
• B)​Income from the period translated at the historical rate
• C)​The value of dividends translated at the exchange rate on the date of declaration
• D)​All are components of translated retained earnings

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Definitions:

Tort Of Deceit

A legal wrong involving intentional misrepresentation or falsehood that causes harm to another.

Equitable Remedy

A legal remedy, usually issued by a court, which provides a solution deemed fair and just in situations where monetary damages are not sufficient.

Misrepresented

The act of presenting facts or information in a false or misleading way.

Breach Of Contract

The violation of a contractual obligation by failing to perform one's own promise, by hindering another party's performance, or by making it impossible.