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When Consolidating Foreign Subsidiaries,the Foreign Subsidiary's Financial Numbers Must Be

question 76

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When consolidating foreign subsidiaries,the foreign subsidiary's financial numbers must be translated into the parents' currency unit.Under GAAP,if the foreign subsidiary is merely an extension of the parent,the current rate method is used.

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Relationship

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Scatterplot

A graphical representation using dots to show the relationship between two quantitative variables.

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