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Foreign branches are categorised for translation purposes per AS 11 as:
AListed and unlisted branches
BActive and dormant branches
CIntegral and non-integral foreign operations
DProfit and loss branches
Answer & Solution
Correct answer: C. Integral and non-integral foreign operations
1. Step 1: Per Ch 15 + AS 11, foreign branches are categorised as Integral Foreign Operations (IFO) or Non-Integral Foreign Operations (NIFO).
2. Step 2: The translation method differs between the two.
3. Step 3: Hence (B).
_Source: ICAI BoS CA Inter Paper 1, Ch 15 "Accounting for Branches including Foreign Branches"_