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When translating a subsidiary's accounts to the parent's reporting currency, which of the following transactions, made by the subsidiary, affect its exposure to translation gains
When translating a subsidiary's accounts to the parent's reporting currency, which of the following transactions, made by the subsidiary, affect its exposure to translation gains and losses? Select one: a. Accruing salaries owed at year-end b. Refinancing existing notes payable by issuing more notes payable c. Paying cash to invest in equity securities d. Purchasing equipment for cash
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