Which of the following reflects how gains and losses arising from foreign currency translation reflect PSA?
A)An exchange gain or loss that arises prior to settlement (i.e. that is unrealized)is recognized in the statement of remeasurement gains and losses.
B)Exchange gains and losses are generally recognized in profit or loss. In the case of exchange differences arising on a monetary item that forms part of a reporting entity's net investment in a foreign operation, the consolidated financial statements initially recognize exchange gains and losses in OCI.
C)Exchange gains and losses are generally recognized in profit or loss.
D)In the case of most self-sustaining foreign operations, exchange gains and losses are recognized in a separate component of shareholders' equity.

Question

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The Answer of Which of the following reflects how gains and losses arising from foreign currency translation reflect PSA?
A)An exchange gain or loss that arises prior to settlement (i.e. that is unrealized)is recognized in the statement of remeasurement gains and losses.
B)Exchange gains and losses are generally recognized in profit or loss. In the case of exchange differences arising on a monetary item that forms part of a reporting entity's net investment in a foreign operation, the consolidated financial statements initially recognize exchange gains and losses in OCI.
C)Exchange gains and losses are generally recognized in profit or loss.
D)In the case of most self-sustaining foreign operations, exchange gains and losses are recognized in a separate component of shareholders' equity.

Which of the Following Reflects How Gains and Losses Arising