1. Which of the following is true in regards to the different translation methods?

the options are:

1. Current method is known as a translation adjustment found on the income statement. b.
2. Temporal method is known as a translation adjustment found on the balance sheet
3. Current method is known as a remeasurement gain/loss on the income statement.
4. Temporal method is known as a remeasurement gain/loss on the balance sheet
5. Current method is known as a remensurement gain/loss on the balance sheet.

What consolidation method recognizes dividends as income, but does not recognize income cared by the subsidiary or amortization? a. Coumot method

b.Equity method

c. Initial value method d. Partial equity method e. Lagrangian method