The translation adjustment that results from translating the financial statements of a foreign subsidiary using...
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Accounting
The translation adjustment that results from translating the financial statements of a foreign subsidiary using the current rate method should be?
a) included as a separate item in the stockholders' equity section of the balance sheet
b) included in the determination of net income for the period it occurs
c) deffered and amortized over a period not to exceed forty years
d) deferred until a subsequent year when a loss occurs and offset against that loss
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