Under US Accounting and Translation Practices, Use of the Current Rate

question 3

Multiple Choice

Under U.S. accounting and translation practices, use of the current rate method is termed ________ while use of the temporal method is termed ________.

• A) translation; the same
• B) translation; remeasurement
• C) remeasurement; the same
• D) remeasurement; translation

---

Definitions:

Pre-installed Apps

Pre-installed Apps are applications that are already installed on a device, such as a smartphone or computer, when it is purchased.

Web App

A software application that runs on a web server and is accessed through a browser over the internet.

SaaS

Software as a Service, a model of delivering software applications over the internet, allowing users to access and use the software from any device with an internet connection.

Database

A structured set of data held in a computer, especially one that is accessible in various ways, such as through querying.