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    Financial Accounting Study Set 9
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    Exam 8: Long-Term Investments and the Time Value of Money
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    A Foreign-Currency Translation Adjustment Is Reported on The
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A Foreign-Currency Translation Adjustment Is Reported on The

Question 70

Question 70

Multiple Choice

A foreign-currency translation adjustment is reported on the:


A) balance sheet as an equity account
B) income statement as other revenues/expenses
C) income statement as an extraordinary item
D) Other comprehensive income

Correct Answer:

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