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    Advanced Accounting Concepts and Practice
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    Exam 16: Translating Foreign Currency Statements: The Temporal Method and the Functional Currency Concept
  5. Question
    Under FAS 52, Going from the Functional Currency into the Reporting
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Under FAS 52, Going from the Functional Currency into the Reporting

Question 142

Question 142

Short Answer

Under FAS 52, going from the functional currency into the reporting currency (U.S. dollars) requires the use of the __________________________________ process.

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