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A) If an Organization Is Self-Sustaining, Non-Monetary Items Recorded at Closing

Question 15

Multiple Choice

A) If an organization is self-sustaining, non-monetary items recorded at closing values must be translated using closing rates. B) If an organization is self-sustaining, non-monetary items recorded at closing values must be translated using average rates. C) If an organization is self-sustaining, non-Monetary items recorded at closing values must be translated using historical rates. D) If an organization is considered an integrated foreign subsidiary non-monetary items recorded at closing values must be translated using average rates.


A) If an organization is self-sustaining, non-monetary items recorded at closing values must be translated using closing rates.
B) If an organization is self-sustaining, non-monetary items recorded at closing values must be translated using average rates.
C) If an organization is self-sustaining, non-Monetary items recorded at closing values must be translated using historical rates.
D) If an organization is considered an integrated foreign subsidiary non-monetary items recorded at closing values must be translated using average rates.

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