42. The equity investment account is not recognized in the case of foreign subsidiaries. is reported at fair value on the consolidated balance sheet with unrealized gains or losses reflected in Accumulated Other Comprehensive Income (AOcI). is updated for both the change in the cumulative translation adjustment and for AAP translation gains or losses. is updated for only the change in the cumulative translation adjustment and not for AAP translation gains or losses. A) B) C) D) 43. Monetary assets and liabilities are ssets and liabilities which include only cash and marketable securities. which are measured at fair value. whose amounts are fixed in terms of units of currency by contract or otherwise. All of the above A) B) C) D)