The equity investment account

Select one:

A. is not recognized in the case of foreign subsidiaries.

B. is reported at fair value on the consolidated balance sheet with unrealized gains or losses reflected in Accumulated Other Comprehensive Income (AOCI).

C. is updated for only the change in the cumulative translation adjustment and not for AAP translation gains or losses.

D. is updated for both the change in the cumulative translation adjustment and for AAP translation gains or losses.