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Cumulative Translation Adjustment (CTA) Is

Question 37

Multiple Choice

Cumulative Translation Adjustment (CTA) is


A) a separate line on the consolidated income statement stating the FX effect on the company's earnings.
B) a separate equity reserve account stating translation gains or losses over time.
C) a separate margin added to the sale price once the subsidiary is liquidated.
D) a separate account on the subsidiary cash flow statement that needs to be adjusted.

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