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    Foundations of Multinational Financial Management
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    Under FASB 52, Foreign Exchange Gains and Losses
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Under FASB 52, Foreign Exchange Gains and Losses

Question 40

Question 40

Multiple Choice

Under FASB 52, foreign exchange gains and losses


A) flow into a special reserve account
B) are usually determined according to the current rate method
C) both a and b
D) flow directly into the income statement

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