The translation remeasurement adjustment reported in a, Ask an Expert

Accounting

The translation (remeasurement) adjustment reported in a translation when the functional currency is not the foreign currency is included:

A. as a separate component of other comprehensive income

B. in the current liability section of the balance sheet as deferred revenue

C. in the calculation of net income

D. none of the above

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9447759

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