Answer:
c
Explanation:
it doesn't make sense to be a function of money
Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".
Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.
Answer:
Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency, into the parent company’s currency should be reported as a(n):_______
d. Part of continuing operations.
Explanation:
Gains from the remeasurement of a subsidiary's financial statements from the local currency to the parent company's currency should be reported as part of the continuing operations. It forms part of the current income. They are not deferred. It is translation adjustments that are reported as other comprehensive income, not gains from remeasurement. Remeasurement gains from a subsidiary's local currency to the parent's are also not extraordinary items.
The description that details the difference in both excerpts is that Hema's identity was influenced by her parents whereas the speaker of Freeway 280 is searching for her identity.
The narrator stated that her mother considered the idea of a child sleeping alone a cruel American practice, and therefore did not encourage it.
The above showed that the narrator was influenced by her mother. On the other hand, the speaker of Freeway 280 is searching for her identity.
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