The Following Information Pertains to Questions

question 54

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 Dividends paid during the year?

• A)$1CDN=$0.815 U.S.
• B)$1CDN=$0.8125 U.S.
• C)$1CDN=$0.8250 U.S.
• D)$1CDN=$0.83 U.S.

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Definitions:

Leadership Abilities

The set of skills, attributes, and capabilities that enable an individual to effectively guide and influence others.

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A company engaged in the production and supply of energy, often including electricity, gas, and other fuel sources.

Emergent Property

A property that arises from the collective interaction of a system's components, not predictable by the properties of the individual parts.

Behavioral Trait

A behavioral trait is a distinguishable pattern of actions, reactions, or behaviors that are characteristic of an individual across varying situations.