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Under the temporal method, an historical rate of exchange is used to translate: (a) Receivables. (b) Inventories valued at net realizable value . (c) Sales.

Under the temporal method, an historical rate of exchange is used to translate:

(a) Receivables.

(b) Inventories valued at net realizable value

. (c) Sales.

(d) Inventories valued at LIFO.

(e) Long-term loans.

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