Question: under US GAAP using the remeasurement method for foreign financial statements, where would gain or loss be reported on the financial statements of the parent

under US GAAP using the remeasurement method for foreign financial statements, where would gain or loss be reported on the financial statements of the parent company:

-other comprehensive income

-no gain or loss would result

-income from continuing operations, net of tax

-income from continuing operations, at the gross amount

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