开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

Pina · 2021年11月15日

GL

NO.PZ2018111303000059

问题如下:

Ulta Beauty is a US-BASED corporation that sells cosmetic. Its Canadian subsidiary, Cosmetic firm, operates solely in Canada. It was created on 31 December 2015, and uses US dollar as its functional currency. Assume all fixed assets were bought when the company was created.

The following table shows the financial statement information for the years ended 2015 and 2016:

If the functional currency for Cosmetic firm were changed to the Canadian dollar,the consolidated financial statements for Ulta Beauty would begin to recognize:

选项:

A.

realized gains and losses on monetary assets and liabilities.

B.

realized gains and losses on non-monetary assets and liabilities.

C.

unrealized gains and losses on non-monetary assets and liabilities.

解释:

C is correct.

考点:风险敞口exposure。

解析: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.

在temporal下 exposure=MA- ML, MA & ML都是日常活动所需要的,它们的translation G/L在短期内就会realized,所以在I.S中体现(反应经济实质)

而current method,exposure= TA-TL,在资产负债表日需要revalued(并表需要),只有整个公司卖掉才能realized,所以现在是unrealized G.L,确认在OCI (不用反应经济实质)

current method包含的了total asset and total liability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealized,所以忽略了。

老师好 temporal method的exposure由MA-ML带来,而current rate method的exposure不仅包括MA-ML,还有non-monetary的部分,currency改变之后,合并会计报表就要开始确认non-monetary的部分所带来的translation effect了。 这是收 不管是 crurrent rate method or temporal method 最终都只是计入currency改变之后,合并会计报表就要开始确认non-monetary的部分所带来的translation effect吗? 谢谢 。 虽然TM 下是看non monetary asset - NM liability , CRM 下是看 total asset - total liablity , 然后看FX 子公司币 是升值还是贬值 来判断G/L 的 是吗?谢谢

1 个答案
已采纳答案

袁园_品职助教 · 2021年11月15日

嗨,爱思考的PZer你好:


  1. 是的,translation effect是在合并报表时确认。
  2. 判断G/L的方法就是按照我们基本班的课件:先判断是net asset还是net liability,再判断外币是升值还是贬值。

通常情况,total asset-total liability=equity是正数,是net asset。

monetary asset - monetary liability是负数,是net liability。因为monetary asset货币性资产,一般包括cash和应收账款这些,不包括inventory,固定资产,无形资产,在建工程等等,对于一般的生产型企业,这些非货币性资产才是大头;但是大部分的负债都是monetary liability,除了unearned revenue。因为负债基本上都是用现金偿还的,但unearned revenue是已经收到了钱,以后要用商品或者服务偿还的,所以是Nonmonetary。所以一般而言,ML>MA

----------------------------------------------
就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

  • 1

    回答
  • 2

    关注
  • 437

    浏览
相关问题

NO.PZ2018111303000059 问题如下 Ulta Beauty is a US-BASEcorporation thsells cosmetiIts Canasubsiary, Cosmetic firm, operates solely in Cana. It wcreateon 31 cember 2015, anuses US llits functioncurrency. Assume all fixeassets were bought when the company wcreateThe following table shows the financistatement information for the years en2015 an2016:If the functioncurrenfor Cosmetic firm were changeto the Canallar,the consolitefinancistatements for Ulta Beauty woulbegin to recognize: A.realizegains anlosses on monetary assets anliabilities. B.realizegains anlosses on non-monetary assets anliabilities. C.unrealizegains anlosses on non-monetary assets anliabilities. C is correct.考点风险敞口exposure。解析If the functioncurrenwere changefrom the parent curren(US llar) to the loccurren(Canallar), the current rate methowoulreplathe tempormetho The tempormethoignores unrealizegains anlosses on non-monetary assets anliabilities, but the current rate methoes not.在temporal下 exposure=MML, M ML都是日常活动所需要的,它们的translation G/L在短期内就会realize所以在I.S中体现(反应经济实质)而current methoexposure= TA-TL,在资产负债表日需要revalue并表需要),只有整个公司卖掉才能realize所以现在是unrealizeG.L,确认在O(不用反应经济实质)current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。 如果这题是时态法,选realizereturn on monetary A/L对吗?

2024-05-19 11:19 1 · 回答

NO.PZ2018111303000059 问题如下 Ulta Beauty is a US-BASEcorporation thsells cosmetiIts Canasubsiary, Cosmetic firm, operates solely in Cana. It wcreateon 31 cember 2015, anuses US llits functioncurrency. Assume all fixeassets were bought when the company wcreateThe following table shows the financistatement information for the years en2015 an2016:If the functioncurrenfor Cosmetic firm were changeto the Canallar,the consolitefinancistatements for Ulta Beauty woulbegin to recognize: A.realizegains anlosses on monetary assets anliabilities. B.realizegains anlosses on non-monetary assets anliabilities. C.unrealizegains anlosses on non-monetary assets anliabilities. C is correct.考点风险敞口exposure。解析If the functioncurrenwere changefrom the parent curren(US llar) to the loccurren(Canallar), the current rate methowoulreplathe tempormetho The tempormethoignores unrealizegains anlosses on non-monetary assets anliabilities, but the current rate methoes not.在temporal下 exposure=MML, M ML都是日常活动所需要的,它们的translation G/L在短期内就会realize所以在I.S中体现(反应经济实质)而current methoexposure= TA-TL,在资产负债表日需要revalue并表需要),只有整个公司卖掉才能realize所以现在是unrealizeG.L,确认在O(不用反应经济实质)current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。 此类调整爆表的G/L都是unrealize?

2024-05-18 20:31 1 · 回答

NO.PZ2018111303000059 问题如下 Ulta Beauty is a US-BASEcorporation thsells cosmetiIts Canasubsiary, Cosmetic firm, operates solely in Cana. It wcreateon 31 cember 2015, anuses US llits functioncurrency. Assume all fixeassets were bought when the company wcreateThe following table shows the financistatement information for the years en2015 an2016:If the functioncurrenfor Cosmetic firm were changeto the Canallar,the consolitefinancistatements for Ulta Beauty woulbegin to recognize: A.realizegains anlosses on monetary assets anliabilities. B.realizegains anlosses on non-monetary assets anliabilities. C.unrealizegains anlosses on non-monetary assets anliabilities. C is correct.考点风险敞口exposure。解析If the functioncurrenwere changefrom the parent curren(US llar) to the loccurren(Canallar), the current rate methowoulreplathe tempormetho The tempormethoignores unrealizegains anlosses on non-monetary assets anliabilities, but the current rate methoes not.在temporal下 exposure=MML, M ML都是日常活动所需要的,它们的translation G/L在短期内就会realize所以在I.S中体现(反应经济实质)而current methoexposure= TA-TL,在资产负债表日需要revalue并表需要),只有整个公司卖掉才能realize所以现在是unrealizeG.L,确认在O(不用反应经济实质)current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。 Because unr the tempormethorecor translation G/L on the I/SThe current rate recor it on B/S So shoul't a shift to tempormethomeit woulrealizeG/L, thus the answer is B insteof C?

2023-09-06 12:59 2 · 回答

NO.PZ2018111303000059 问题如下 Ulta Beauty is a US-BASEcorporation thsells cosmetiIts Canasubsiary, Cosmetic firm, operates solely in Cana. It wcreateon 31 cember 2015, anuses US llits functioncurrency. Assume all fixeassets were bought when the company wcreateThe following table shows the financistatement information for the years en2015 an2016:If the functioncurrenfor Cosmetic firm were changeto the Canallar,the consolitefinancistatements for Ulta Beauty woulbegin to recognize: A.realizegains anlosses on monetary assets anliabilities. B.realizegains anlosses on non-monetary assets anliabilities. C.unrealizegains anlosses on non-monetary assets anliabilities. C is correct.考点风险敞口exposure。解析If the functioncurrenwere changefrom the parent curren(US llar) to the loccurren(Canallar), the current rate methowoulreplathe tempormetho The tempormethoignores unrealizegains anlosses on non-monetary assets anliabilities, but the current rate methoes not.在temporal下 exposure=MML, M ML都是日常活动所需要的,它们的translation G/L在短期内就会realize所以在I.S中体现(反应经济实质)而current methoexposure= TA-TL,在资产负债表日需要revalue并表需要),只有整个公司卖掉才能realize所以现在是unrealizeG.L,确认在O(不用反应经济实质)current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。 current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。老师您好,unrealize理解,但是c说的是unrealizegains anlosses on non-monetary assets anliabilities.不是应该unrealizegains anlosses on totasset an totliability 吗?

2023-03-17 09:08 3 · 回答

NO.PZ2018111303000059问题如下 Ulta Beauty is a US-BASEcorporation thsells cosmetiIts Canasubsiary, Cosmetic firm, operates solely in Cana. It wcreateon 31 cember 2015, anuses US llits functioncurrency. Assume all fixeassets were bought when the company wcreateThe following table shows the financistatement information for the years en2015 an2016:If the functioncurrenfor Cosmetic firm were changeto the Canallar,the consolitefinancistatements for Ulta Beauty woulbegin to recognize: A.realizegains anlosses on monetary assets anliabilities.B.realizegains anlosses on non-monetary assets anliabilities.C.unrealizegains anlosses on non-monetary assets anliabilities. C is correct.考点风险敞口exposure。解析If the functioncurrenwere changefrom the parent curren(US llar) to the loccurren(Canallar), the current rate methowoulreplathe tempormetho The tempormethoignores unrealizegains anlosses on non-monetary assets anliabilities, but the current rate methoes not.在temporal下 exposure=MML, M ML都是日常活动所需要的,它们的translation G/L在短期内就会realize所以在I.S中体现(反应经济实质)而current methoexposure= TA-TL,在资产负债表日需要revalue并表需要),只有整个公司卖掉才能realize所以现在是unrealizeG.L,确认在O(不用反应经济实质)current metho含的了totasset antotliability,所以没有忽略non-monetary asset/liability,而temporal下只有monetary asset/liability,不包含non-monetary,且它们是unrealize所以忽略了。 为什么这题的考点是exposure

2023-02-07 15:50 1 · 回答