If Maker Is Considered to Be an Integrated Foreign Subsidiary

question 18

Multiple Choice

If Maker is considered to be an integrated foreign subsidiary (i.e., the functional currency of the foreign operation is the same as the parent) , what amount will be shown for amortization expense on its translated Canadian dollar financial statements as at December 31, 2016?

• A) $20,000.
• B) $21,000.
• C) $21,200.
• D)$21,250.