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boland boland
wrote...
Posts: 1892
7 years ago
The biggest advantage of the current rate method of reporting translation adjustments is the fact that the gain or loss goes directly to the reserve account on the consolidated balance sheet and does not pass through the consolidated income statement.
A) True
B) False
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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Top Poster
Posts: 1891
7 years ago
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boland Author
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7 years ago
You're amazing, seriously
wrote...
7 years ago
We should all be helping each other on here, so I'm happy to have helped
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