The Following Information Pertains to Questions

question 38

Multiple Choice

The following information pertains to questions
ABC Inc has a single wholly-owned American subsidiary called US1 based in Los Angeles,California which was acquired January 1,2014.US1 submitted its financial statements for 2014 to ABC.Selected exchange rates in effect throughout 2014 are shown below: US1 Financial Results for 2014 were as follows: Balance Sheet For questions 17 through 22,inclusively,assume that US1 is considered to be a self-sustaining subsidiary.
-Which of the following rates would be used to translate the company's Retained Earnings at the start of the year?

• A)$1CDN=$0.815 U.S.
• B)$1CDN=$0.8175 U.S.
• C)$1CDN=$0.8250 U.S.
• D)$1CDN=$0.83 U.S.

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Definitions:

Conversation Analysis

A methodology for studying the structure and pattern of communication in everyday conversations.

Dominant Message

The primary or most prominent message communicated to an audience, typically intended to influence or inform.

Phatic Function

One of Jakobson’s semiotic functions. Keeps participants in communication “on track” by establishing how communication will take place.

Semioticians Study

The examination of signs and symbols as significant elements of communication and the ways they are interpreted within cultural and social contexts.