The balancing figure that brings the dollar amount of the total liabilities and stockholders' equity of the foreign subsidiary into agreement with the dollar amount of its total assets is the:
A) hedging adjustment.
B) foreign-currency exchange rate.
C) foreign-currency translation adjustment.
D) minority interest adjustment.
Correct Answer:
Verified
Q116: When a company holds a receivable denominated
Q117: Amortizing a premium on a held-to-maturity investment
Q118: The amortization of a discount on bonds
Q119: When a company holds a payable denominated
Q120: For multinational companies, stockholders' equity in the
Q122: Which of the following terms represents a
Q123: Which of the following terms represents the
Q124: The foreign-currency translation adjustment appears on:
A)the balance
Q125: A negative translation adjustment is:
A)like a loss.
B)reported
Q126: Which of the following brings the dollar
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents