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Gain or loss on foreign currency translations are recorded before the related receivable or payable is settled when a. the government cannot set an exchange

Gain or loss on foreign currency translations are recorded before the related receivable or payable is settled when

a. the government cannot set an exchange for the foreign currency

b. the foreign currency is unknown

c. the fiscal years ends after the settlement of the receivable or payable

d. the fiscal year ends before the settlement of the receivable or payable

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