Question :
When would the balance sheet disclosure arising from the current rate method become realized?
a.It is recognized once the financial statements of the subsidiary and the parent are consolidated.
b.It is recognized any time the historical exchange rate is different from the spot rate at the balance sheet date.
c.It is recognized when the subsidiary is sold at book value and the proceeds are converted to parent company currency.
d. It will never be realized because it is only the result of the selection of accounting methods and does not reflect real exposure.