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§).
This policy applies to business units which have their local currency as their functional currency. The policy on Foreign Translation: Functional Currency is U.S. Dollar, should be applied by organizations using the U.S. dollar as their functional currency.he first step in the translation process is to determine the functional currency of the business unit. This determination is made by the Controller s Division based upon the currency of cash flows, sales, purchases, inflation, and other factors.