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    Modern Advanced Accounting in Canada Study Set 2
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    Exam 11: Translation and Consolidation of Foreign Operations
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    Which of the Following Rates Would Be Used to Translate
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Which of the Following Rates Would Be Used to Translate

Question 13

Question 13

Multiple Choice

Which of the following rates would be used to translate the company's Assets and Liabilities?


A) US$1 = CDN$0.815
B) US$1 = CDN$0.8175
C) US$1 = CDN$0.825
D) US$1 = CDN$0.83

Correct Answer:

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