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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
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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