NO.PZ202304050100007603
问题如下：
Consolidated Motors is a US-based corporation that sells mechanical engines and components used by electric utilities. Its Canadian subsidiary, ConsolCan, operates solely in Canada. It was created on 31 December 20X1, and Consolidated Motors determined at that time that it should use the US dollar as its functional currency.
Templeton explains that Consol-Can uses the FIFO inventory accounting method and that purchases of C$300 million and the sell-through of that inventory occurred evenly throughout 20X2.
(3) Would there be any translation effects for Consolidated Motors if the functional currency for Consol-Can were changed to the Canadian dollar?
Templeton should reply that if the change is made, the consolidated financial statements for Consolidated Motors would begin to recognize:
选项：
A.realized gains and losses on monetary assets and liabilities.
realized gains and losses on non-monetary assets and liabilities.
unrealized gains and losses on non-monetary assets and liabilities.
解释：
If the functional currency were changed from the parent currency (US dollar) to the local currency (Canadian dollar), the current rate method would replace the temporal method. The temporal method ignores unrealized gains and losses on non-monetary assets and liabilities, but the current rate method does not.
Translation G/L和Exposure是一个意思，对于Temporal Method来说 ，用Historical计量的Non-Monetary A/L没有Exposure，只有monetary A/L有Exposure；对于Current Method来说所有A/L都是用Current Rate计量，所以都有Exposure，而又是因为并表产生的，所以没有体现经济实质，所以是Unrealized G/L。
但我有个疑问，如果C改成unrealized gains and losses on monetary assets and liabilities还对不
