How are translation exchange gains and losses reflected in financial statements if the foreign operation's functional currency

Question:

How are translation exchange gains and losses reflected in if the foreign operation's functional currency is the Canadian dollar? Would the treatment be different if the foreign operation's functional currency were not the Canadian dollar? Explain.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...