Under the U.S. dollar unit of measure approach, the temporal method is used to translate all assets and liabilities.

Name: Under the U.S. dollar unit of measure approach, the temporal method is used to translate all assets and liabilities.
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

Under the U.S. dollar unit of measure approach, the temporal method is used to translate all assets and liabilities because it is the only method that results in the translation of all assets and liabilities at the same exchange rate.