Definition of polymerization. 1 : a chemical reaction in which two or more molecules combine to form larger molecules that contain repeating structural units â compare association 5.
If the subsidiary's local currency is its functional currency, what total amount should be included in Tulip's balance sheet in U.S. dollars? A. $609,000.B. $658,000.C. $602,000.D. $630,000.E. $616,000.2. Sinkal Co. was formed on January 1, 2011 as a wholly owned foreign subsidiary of a U.S. corporation. Sinkal's functional currency was the stickle (Â§).
While comparing the balance sheet values and tax base, the following paragraph brings out the impact of functional currency on deferred tax computation. âThe non-monetary assets and liabilities of an entity are measured in its functional currency (see Ind AS 21 The Effects of Changes in Foreign Exchange Rates).