NO.PZ201602060100001506
问题如下：
In response to the board’s fourth question, the balance sheet exposure (in C$ millions) would be closest to:
选项：
A. –19.
B. 148.
C. 400.
解释：
B is correct.
If the functional currency were changed, then Consol-Can would use the current rate method and the balance sheet exposure would be equal to net assets (total assets – total liabilities). In this case, 400 – 77 – 175 = 148.
考点： balance sheet exposure计算
解析：之前美元是functional currency，即LC≠FC=RC，我们选择temporal method。现在如果functional currency变成加拿大元，LC=FC≠RC，则要用current rate method进行转换。
current rate method的exposure =net assets =total assets – total liabilities.
所以exposure=TA-TL=400 – 77 – 175 = 148.
【提示】
1、本题不用考虑汇率。之所以会有exposure，是由于汇率的不确定性导致的，所以计算exposure的多少是衡量有多少资产在转换前面临着这种汇率的不确定性，做汇率的调整的话和exposure的概念不符。
2、延伸一下：如果计算的是temporal method下的exposure，temporal method 下 exposure = MA - ML = (135 + 98) - (77 + 175) = 233 - 252 = -19
换成current rate method，不就是non-monetary 变成现时汇率了嘛？ 那不应该是把这些加起来？
