I have been looking at EOC - 29 of multinational operations from 2019 notes. The answer is C.
Ambleu should disclose the amount of foreign exchange difference included in net income…
Ambleu used Current rate method, as the currencies are different. Under current rate you disclose the FX gain or loss on BS ( shareholder equity) not in P&L. Could anyone shed some light on this please ?
For the disclosure on the “foreign exchange differences”, it relates to for example, foreign transactions such as purchase and sales to overseas customers/suppliers, where there will be FX gains/losses and it can be classified as operating or non-operating in the income statement.