Translation Q

Which of the following statements concerning the translation of a subsidiary’s financial statement and the subsidiary’s ratios is FALSE? A) Ratios calculated under the all-current method will not differ from those calculated under the temporal method. B) The subsidiary’s ratios in the local currency will differ from ratios calculated after translation. C) The statement of cash flows is not affected by the choice of translation.

A) is incorrect. for why refer the various other posts… others are correct.


definitely A.

A without a doubt. if thats wrong, then C is my #2 choice.