What Is the Difference Between Currency Conversion and Currency Translation

question 2

Multiple Choice

What is the difference between currency conversion and currency translation?

• A)Currency translation takes place during the year,currency translation takes place in transactions completed by the year end.
• B)Currency conversion takes place in transactions not completed before year end; Currency Translation takes place in transactions completed by year end
• C)Currency conversion takes place in transactions completed before year end; Currency Translation takes place in transactions not completed by year end
• D)Currency conversion takes place in transactions not completed by the year end,currency translation takes place during the year

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Definitions:

Strict Liability

A legal principle that holds an individual or entity responsible for their actions or products without the need to prove negligence or fault.

Children's Wrongful Acts

Actions or conduct by minors that are harmful or offensive to individuals or to society, and may be subject to legal penalties or interventions.

Spanking

The act of striking someone, usually a child, on the buttocks as a form of punishment.

Child Abuse

The physical, sexual, emotional mistreatment, or neglect of a child by a parent, guardian, or caregiver.