Please refer to FASB Accounting Standards Codification (FASB ASC), when explaining some of the questions below:

Please explain in brief. Please refer to FASB Accounting Standards Codification (FASB ASC), when explaining some of the questions below: 1. Under what circumstance(s) would the amount included in the foreign currency translation account be recorded in the Income Statement instead of the Statement of Other Comprehensive Income? 2. Under what circumstance(s) would it potentially make sense for a Company to consider hedging the amount included in the Statement of Other Comprehensive Income for Foreign Currency Translation? 3. Please Explain how the accounting for foreign currency translation differs for subsidiaries of a US Parent Company operating in a hyperinflationary environment which are consolidated into the Parent Company's financial statements. 4. Please explain the accumulated foreign currency translation balance when the amount of the translation adjustment in the current year is a debit or a credit, and what does that mean with regards to the movement of foreign exchange during the period against the US Dollar?