The process of expressing a foreign subsidiarys balance sheet in its parents currency is called: A. Currency

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The process of expressing a foreign subsidiary’s balance sheet in its parent’s currency is called:

A. Currency translation.

B. Currency change.

C. Currency conversion.

D. Currency swap.

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Financial Accounting An International Introduction

ISBN: 9781292102993

6th Edition

Authors: David Alexander, Christopher Nobe

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Question Posted: Apr 17, 2024 04:13 AM

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The process of expressing a foreign subsidiarys balance sheet in its parents currency is called: A. Currency

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Financial Accounting An International Introduction

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