A translation exposure report shows,for each account that is included in the consolidated balance sheet,
A)the amount of foreign exchange exposure that exists for each foreign subsidiary in which the MNC has a material interest.
B)the amount of foreign exchange exposure that exists on a net basis for the firm.
C)the amount of foreign exchange exposure that exists for each foreign currency in which the MNC has exposure.
D)none of the options

Question

Quizplus · Accepted Answer

A translation exposure report details the foreign exchange exposure for each foreign currency in which the multinational corporation (MNC) has exposure, rather than focusing solely on individual subsidiaries or the firm's net exposure.

A Translation Exposure Report Shows,for Each Account That Is Included