An Exchange Rate Variance Results from ________

question 64

Multiple Choice

An exchange rate variance results from ________.

• A)setting the budget at the actual exchange rate at that time and final performance at the rate used when the budget was set
• B)translating the budget and actual performance at the forecasted exchange rate
• C)translating the budget at the projected exchange rate and final results at the actual exchange rate
• D)translating the budget using the current-rate method and actual results at the new current-rate method

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