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Author Question: The process of combining financial statements of different subsidiaries into one statement is known ... (Read 58 times)

bobypop

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on: Jul 7, 2018
The process of combining financial statements of different subsidiaries into one statement is known as ________.
 
  A) conversion
  B) translation
  C) consolidation
  D) recognition

Question 2

According to the translation process in the United States, ________.
 
  A) companies first translate their statements into dollars, and then recast their financial statements consistent with U.S. GAAP
  B) companies recast their financial statements consistent with U.S. GAAP, and then translate them into U.S. dollars
  C) companies only need to worry about the translation process because local operations take place in a local GAAP environment
  D) companies translate foreign currency financial statements only if the dollar is weakening against the local currency
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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Cnarkel

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Reply #1 on: Jul 7, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobypop

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Reply #2 on: Jul 7, 2018
Correct answers!


Cnarkel

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Reply #3 on: Jul 7, 2018
Great! Please up vote :D


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