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The Current/noncurrent Method of Foreign Currency Translation Was Generally Accepted

Question 9

Multiple Choice

The current/noncurrent method of foreign currency translation was generally accepted in the United States from the 1930s until 1975,when

A) FASB 2 became effective.
B) FASB 4 became effective.
C) FASB 6 became effective.
D) FASB 8 became effective.

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