答案和详解如下： Q6. A hyperinflationary economy is typically defined as one that has:
A) cumulative inflation that exceeds 100% over a three-year period. B) an inflation rate that exceeds 10% per year for three consecutive years. C) cumulative inflation that exceeds 100% over a twelve-year period. Correct answer is A) The typical definition is that cumulative inflation exceeds 100% over a three-year period. Q7. In reality, what best describes the real value of non-monetary assets and liabilities in a hyperinflationary environment?
A) Typically not affected because their local currency-denominated values increase to offset the impact of inflation. B) Typically not affected because their local currency-denominated values decrease to offset the impact of inflation. C) All non-monetary accounts are re-measured at the current rate. Correct answer is A) Typically not affected because their local currency-denominated values increase to offset the impact of inflation (i.e., real estate values typically rise with inflation). Q8. Which of the following best describes the situation in a hyperinflationary economy? Purchasing power of the foreign currency will: A) quickly deteriorate and the foreign currency will be rapidly depreciating against the reporting currency. B) dramatically appreciate and the foreign currency will be rapidly appreciating against the reporting currency. C) quickly deteriorate and the foreign currency will be rapidly appreciating against the reporting currency. Correct answer is A) The basis for using the all current method is when Functional Currency is NOT the same as Parent's Presentation (reporting) Currency. The basis for using the temporal method is when Functional Currency = Parent's Presentation Currency.
Purchasing power and foreign currency will depreciate. | 
发表于 2009-1-20 13:33
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