Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The exchange rates translation in accounting which results in a gain or loss with the current rate approach is accounted separately in a consolidated: a.

The exchange rates translation in accounting which results in a gain or loss with the current rate approach is accounted separately in a consolidated:

a.

income statement

b.

cash flow statement

c.

budgeting pro forma

d.

balance sheet

Step by Step Solution

3.49 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

The correct answer is a income statement In the current rate ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Holt McDougal Larson Geometry

Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff

1st Edition

0547315171, 978-0547315171

More Books

Students also viewed these Finance questions

Question

List three benefits of using a to-do list.

Answered: 1 week ago