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    Business
  3. Study Set
    International Accounting and Multinational Enterprises
  4. Exam
    Exam 10: Foreign Currency Transactions and Translation
  5. Question
    The Process by Which One Currency Is Expressed or Restated
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The Process by Which One Currency Is Expressed or Restated

Question 21

Question 21

Multiple Choice

The process by which one currency is expressed or restated in terms of another is known as


A) translation.
B) conversion.
C) mark-to-market.
D) inversion.

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