When the Billing for a U

question 44

Multiple Choice

When the billing for a U.S.company's sale to a company in a foreign country is denominated in U.S.dollars,________ is required when preparing journal entries for the sale.

• A)translation to a foreign currency
• B)conversion to a foreign currency
• C)translation to U.S.dollars
• D)no translation

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Definitions:

Grammar and Usage

The system and structure of a language, including its rules and conventions for speaking and writing effectively and correctly.

Cell Phone Subscriptions

Agreements with a mobile service provider that detail the services, such as call, text, and data plans.

Secondary Data

Information that has been collected previously by someone else, often used in research when primary data is unavailable or unnecessary.

Functional Arrangement

An organizational structure where employees are grouped according to the specific role or function they perform within the organization.