Question: During the translation process, the current year change to the cumulative translation adjustment is a function of which of the following relationships of the subsidiary?

During the translation process, the current year change to the cumulative translation adjustment is a function of which of the following relationships of the subsidiary? Explain why you chose your answer

A. Its operating cash flows

B. Its monetary assets minus monetary liabilities

C. Its current assets minus current liabilities

D. Its total assets minus total liabilities

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