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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 16: Translating Foreign Currency Statements: The Temporal Method and the Functional Currency Concept
  5. Question
    Under FAS 52, It May Be Necessary in Some Cases
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Under FAS 52, It May Be Necessary in Some Cases

Question 165

Question 165

True/False

Under FAS 52, it may be necessary in some cases to use the remeasurement process and then the translation process for a specific foreign unit.

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