7. Currently displayed in the income statement of a U.S. multinational enterprise are: a. Foreign currency transaction
Question:
7. Currently displayed in the income statement of a U.S. multinational enterprise are:
a. Foreign currency transaction gains and losses only.
b. Foreign currency translation adjustments only.
c. Both foreign currency gains and losses and foreign currency translation adjustments.
d. Neither foreign currency transaction gains and losses nor foreign currency translation adjustments.
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