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Post acquisition date retained earnings that are denominated in a foreign currency are: Select one: a.translated into the functional currency using the rate current at
Post acquisition date retained earnings that are denominated in a foreign currency are:
Select one:
a.translated into the functional currency using the rate current at the latest end of reporting period.
b.translated into the functional currency using the average rate since acquisition date.
c.translated into the functional currency using the rates at the end of each year since acquisition date.
d.balances carried forward from translation of previous statement of comprehensive income and do not need to be translated.
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