Which of the Following Statements Is Correct

question 53

Multiple Choice

Which of the following statements is correct?

• A) Capital stock of a foreign subsidiary is translated at the historical rate,that is,the rate prevailing on the date the subsidiary was acquired.
• B) Dividends are translated at the average exchange rate for the year.
• C) Retained earnings are translated at the average exchange rate for the year.
• D) Assets and liabilities are translated at the historical rate prevailing when the subsidiary was acquired.

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Definitions:

Personality

A combination of emotional, attitudinal, and behavioral response patterns of an individual that is distinct among people, influencing their interactions and reactions to various situations.

Psychological Characteristics

Traits or features of an individual's mental and emotional makeup, such as personality, attitudes, and cognitive abilities.

Dispositional Approach

This approach in psychology focuses on individual personalities as the source of behavior, highlighting inherent personal inclinations.

Organizational Behaviour

The study of how people interact within groups in a workplace setting, focusing on improving job performance and satisfaction.