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boland boland
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7 years ago
The basic advantage of the ________ method of foreign currency translation is that foreign nonmonetary assets are carried at their original cost in the parent's consolidated statement while the most important advantage of the ________ method is that the gain or loss from translation does not pass through the income statement.
A) monetary; current rate
B) temporal; monetary
C) temporal; current rate
D) current rate; temporal
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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boland Author
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#2
7 years ago
This is awesome, thanks so much
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#3
7 years ago
You're welcome Wink Face
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