Examlex
Federal bureaucrats are generally well insulated from prevailing political winds, and can focus on their missions without concern for what is going on Congress or the White House.
Current Rate Method
An accounting technique used in currency translation where assets and liabilities are converted at the current exchange rate.
Exchange Rates
The value of one currency for the purpose of conversion to another, indicating how much one currency can be exchanged for another currency.
Functional Currency
The primary currency of the primary economic environment in which the entity operates, usually the local currency or the currency of the primary sales market.
Current Rate Method
A method of foreign currency translation where assets and liabilities are converted at the current exchange rate.
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