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A UScompany Makes a Sale to a Foreign Customer Receivable in in 30

Question 85

Multiple Choice

A U.S.company makes a sale to a foreign customer receivable in 30 days in the customer's currency.The sale would be recorded by the U.S.company on the date:


A) Of sale using a projected estimate of the U.S.dollar value at payment date.
B) Of sale using a 30-day average U.S.dollar value.
C) Of sale using the current dollar value.
D) Of sale using the foreign currency value.
E) When payment is received.

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