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    Exam 22: Accounting in a Global Market
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    Current Generally Accepted Accounting Principles Require That the Translation of a Foreign
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Current Generally Accepted Accounting Principles Require That the Translation of a Foreign

Question 29

Question 29

Multiple Choice

Current generally accepted accounting principles require that the translation of a foreign subsidiary's accounting records should be accomplished by the


A) monetary/nonmonetary method.
B) current rate method.
C) current/noncurrent method.
D) functional currency method.

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