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    Company Accounting
  4. Exam
    Exam 8: Translation of Financial Statements Into a Presentation Currency
  5. Question
    If a Reporting Entity Establishes a Foreign Operation, the Equity
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If a Reporting Entity Establishes a Foreign Operation, the Equity

Question 23

Question 23

Multiple Choice

If a reporting entity establishes a foreign operation, the equity used to form the foreign operation is the:


A) pre-acquisition equity.
B) foreign equity.
C) reporting equity.
D) post-acquisition equity.

Correct Answer:

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