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Which of the Following Statements Is Correct

Question 1

Multiple Choice

Which of the following statements is correct?


A) If an organization is self-sustaining,revenues must be translated using closing rates.
B) If an organization is self-sustaining,revenues must be translated using average rates.
C) If an organization is self-sustaining,revenues must be translated using historical rates.
D) If an organization is considered an integrated foreign subsidiary revenues must be translated using average rates.

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