Under the foreign currency unit of measure approach, the temporal method is used to translate all assets and liabilities.

Name: Under the foreign currency unit of measure approach, the temporal method is used to translate all assets and liabilities.
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Under the foreign currency unit of measure approach, the current rate method is typically used to translate all assets and liabilities, not the temporal method. The temporal method is used under the temporal rate method, which is a different approach.

Under the Foreign Currency Unit of Measure Approach, the Temporal