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The financial statements are translated from the recording currency to the reporting currency when the O recording currency is the functional currency. O financial
The financial statements are translated from the recording currency to the reporting currency when the O recording currency is the functional currency. O financial statements are remeasured from the recording currency to the functional currency. O financial statements are consolidated and presented in the functional currency. functional currency is the reporting currency.
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Advanced Accounting
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
2nd edition
1934319309, 978-1934319307
