Company X Denominated a December 1,20X9,purchase of Goods in a Currency

Multiple Choice

Company X denominated a December 1,20X9,purchase of goods in a currency other than its functional currency.The transaction resulted in a payable fixed in terms of the amount of foreign currency,and was paid on the settlement date,January 10,2010.Exchange rates moved unfavorably at December 31,20X9,resulting in a loss that should:

A) be included as a separate component of stockholders' equity at Dec.31,20X9.
B) be included as a component of income from continuing operations for 20X9.
C) be included as a deferred charge at December 31,20X9.
D) not be reported until January 10,2010,the settlement date.