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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 15: Translating Foreign Currency Statements: The Current Rate Method
  5. Question
    Under FAS 52, the Effect of an Exchange Rate Change
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Under FAS 52, the Effect of an Exchange Rate Change

Question 1

Question 1

Short Answer

Under FAS 52, the effect of an exchange rate change arising from using the current rate method is called a(n) _______________________________.

Correct Answer:

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