Remeasurement gains and losses can arise when there are ___________________ associated with financial instruments or the translation of amounts denominated in a foreign currency.
A)outstanding debts
B)unrealized gains and losses
C)translation and financial exposures
D)realized gains and losses

Question

Quizplus · Accepted Answer

Unrealized gains and losses are the changes in the fair value of financial instruments that have not yet been realized through a transaction. These gains and losses can arise when there are changes in the market value of the financial instruments or when there are changes in the exchange rates of foreign currencies.

Remeasurement Gains and Losses Can Arise When There Are ___________________