The Translation Method in Which Current Assets and Liabilities Are

question 2

Multiple Choice

The translation method in which current assets and liabilities are translated at current exchange rates and other assets, liabilities and owner's equity are translated at historical exchange rates is known as the

• A) current-noncurrent method.
• B) monetary-nonmonetary method.
• C) temporal method.
• D) current rate method.

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Definitions:

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