A us companys foreign subsidiary has as its functional, Accounting Basics

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A us companys foreign subsidiary has as its functional

A us company's foreign subsidiary has as its functional currency the local currency. year- end financial statements are being consolidated. the average rate would be used for which account of the foreign entity?

a. depreciation

b. sales

c. deferred credits

d. deferred tax assets

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Accounting Basics: A us companys foreign subsidiary has as its functional

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Accounting Basics: A us companys foreign subsidiary has as its functional

Reference No:- TGS0598152

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What net benefit cost will the firm realize if it adopts

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Ask an Expert for Answer!!

Accounting Basics: A us companys foreign subsidiary has as its functional

Reference No:- TGS0598152

Recent Questions Asked Accounting Basics

Q : What net benefit cost will the firm realize if it adopts

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