Please match the translation method with the most plausible outcome Using the current/noncurrent method [Choose] Using t
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Please match the translation method with the most plausible outcome Using the current/noncurrent method [Choose] Using t
Choose revenue and expenses that are clated with long term assets orbis, such as depreciation expense, translated at the historical rate that applies to the applicable balance sheet an appropriately weighted average exchange rate for the period may be used for translation most income statement accounts translated at the average exchange rate for the period are translated at the current spot exchange rate. a foreign subsidiary with current assets in excess of current abilities will cause a translation gain (oss if the local currency appreciate depreciates