Which of the Following statements is Faise? Multiple Choice Saved Help Under the currentoncurrent method, revenue and expense items that are associated with current assets or liabilities, such as depreciation expense, are translated at the historical rate that applies to the applicable balance sheet item. Depreciation expense is translated at the historical rate that applies to the applicable depreciable asset items. Most income statement items under the currentoncurrent method are translated at the average exchange rate for the accounting period. Under the currentoncurrent method, revenue and expense items that are associated with noncurrent assets or liabilities, such as depreciation expense, are translated at the historical rate that applies to the applicable balance sheet item. Save &

Which or the tollowing statements is raise? Multiplechoics Under the currenthoncurrent method, revenise ond expense items that are associated with current assets or fiobilites, such as deprecistion expense. are tronsloted at the historical rate that opplies to the applicable betionce shethtent Depreciation expense is vansiated at the historical rate that applies to the opplicable depreciable asset items. Most income stotement items under the currenthoncurrent method are transiated at the average exchange cate for the eccounting period Under the currentinoncurrent method, revenue and expense items that are associated with noncurrent assets or liabilities, such as depreciation expense, are translated at the histoncal rate that opplies to the applicable balance sheet item