Which of the Following Statements Is Correct

question 45

Multiple Choice

Which of the following statements is correct?

• A)If an organization is self-sustaining,monetary items must be translated using closing rates.
• B)If an organization is self-sustaining,monetary items must be translated using average rates.
• C)If an organization is considered an integrated foreign subsidiary non-monetary items recorded at cost must be translated using average rates.

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Definitions:

Labor Hours

The total number of hours worked by employees during a certain period, often used to measure productivity or calculate wage costs.

Gaming Consoles

Dedicated electronic systems designed to play video games, typically connecting to a display device such as a television or monitor.

Decision Variable

A variable in mathematical modeling or decision making that is subject to choice within a set of possible values.

Hybrid Models

Combines two or more different modeling techniques to gain the benefits of each, often used in forecasting and predictions.