FAS #52 Specifies Each of the Following Rules EXCEPT

Multiple Choice

FAS #52 specifies each of the following rules EXCEPT

A) all assets and liabilities (including common equity) are translated at the current exchange rate
B) dividends paid are translated at the current exchange rate
C) income statement items are translated at an exchange rate (or an exchange rate average) from the reporting period
D) All of the above are elements of FAS #52
E) None of the above are elements of FAS #52