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    Business
  3. Study Set
    Multinational Finance
  4. Exam
    Exam 11: Managing Translation Exposure and Accounting for Financial Transactions
  5. Question
    According to FAS #52, Translation Gains or Losses Are Reported
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According to FAS #52, Translation Gains or Losses Are Reported

Question 7

Question 7

True/False

According to FAS #52, translation gains or losses are reported on the balance sheet as a cumulative translation adjustment.

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