A Net Asset Balance Sheet Exposure Exists and the Foreign

question 42

Multiple Choice

A net asset balance sheet exposure exists and the foreign currency appreciates. Which of the following statements is true?

• A) There is no translation adjustment.
• B) There is a transaction loss.
• C) There is a transaction gain.
• D) There is a negative translation adjustment.
• E) There is a positive translation adjustment.

---

Definitions:

Fragment

A small part broken or separated off something, often implying that the whole is no longer intact.

Technical Education

Educational programs focused on the skills and knowledge required for specific trades or professions, often involving practical training.

SwarmBots

Autonomous robots designed to work together in large numbers to accomplish tasks, mimicking the behavior of insects like ants or bees.

Ants

Small social insects that live in highly organized colonies and are found almost everywhere on Earth.