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When an US

Question 37

Multiple Choice

When an U.S.investor entity acquires interest in a foreign entity with the payment of foreign currency, the determination of excess is calculated


A) ​in dollars
B) ​in the foreign currency
C) ​in dollars if re-measurere-measurement (historical rate/temporal method) is indicated
D) ​in the foreign currency if translation (current rate/functional method) is indicated

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