Answer :
translation adjustments and remeasurement gains/losses are a function of 1)changes in the exchange rate, 2)balance sheet exposure
Remeasurement is the process of recalculating an item's or asset's value in order to produce a more accurate financial record of its worth. Remeasurement is a process used by businesses to translate the value of assets and revenues from foreign subsidiaries that are denominated in different currencies. The primary objective of remeasurement is to convert foreign currencies into the subsidiary's functional currency. The main goal of translation is to change the reporting currency for the parent firm into the functional currency for a subsidiary. demonstrates the unrealized change in the value of financial instruments, like investments, that were measured at fair market value as of the Statement of Financial Position date, as well as the conversion of year-end foreign currency balances, like payables.
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