Examlex
Approximately 80% of Alaska has permafrost beneath its surface.
Remeasured
The process of adjusting the book value of a foreign currency transaction on the financial statements to reflect the current exchange rate.
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
Current Rate Method
A method of foreign currency translation where all financial statement line items are translated at the current exchange rate.
Translated
In accounting, the process of converting the financial statements of a foreign subsidiary to the parent company's reporting currency.
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