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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 AOCI-Cumulative Translation Adjustment Account Balance Is
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Under FAS 52, the AOCI-Cumulative Translation Adjustment Account Balance Is

Question 22

Question 22

Short Answer

Under FAS 52, the AOCI-Cumulative Translation Adjustment account balance is reported in earnings when the foreign unit is ______________________________ or ____________________________.

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