Translation exposure,
A)is not entity specific,rather it is currency specific.
B)is not currency specific,rather it is entity specific.
C)involves restatement from Italian to French.
D)none of the options

Question

Quizplus · Accepted Answer

Translation exposure refers to the risk of fluctuation in the value of foreign currency denominated assets, liabilities, revenues, and expenses due to changes in foreign exchange rates. It is not specific to any entity or company but relates to the currency in which the entity operates. Therefore, option A is the correct answer.

Translation Exposure