The Following Information Pertains to Questions

question 28

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 bonds payable?

• 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:

Two-Factor Theory

A psychological theory proposing that emotional experiences arise from a combination of physiological arousal and cognitive interpretation of that arousal.

Different Emotions

Diverse affective states that humans experience, such as happiness, sadness, anger, and fear, each characterized by unique psychological and physiological responses.

Interpretation Of Situation

The process of understanding and giving meaning to a particular circumstance or event through analysis.

Autonomic Nervous System

The part of the peripheral nervous system that controls the bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.