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There are two translation method being practiced: (1) what are the two methods for translating foreign currency figures into the currency of the parent's home
There are two translation method being practiced: (1) what are the two methods for translating foreign currency figures into the currency of the parent's home country (e.g., current rate method)? (2) the functional currency will determine the translation method: define the functional currency? (3) how is gain or loss translated under each method (e.g., it goes to the owner's equity for the current method).
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