Under U.S. accounting and translation practices, use of the current rate method is termed ________ while use of the temporal method is termed ________.
A) translation; the same
B) translation; remeasurement
C) remeasurement; the same
D) remeasurement; translation

Question

Quizplus · Accepted Answer

Under U.S. accounting and translation practices, use of the current rate method is termed translation while use of the temporal method is termed remeasurement.

Under US Accounting and Translation Practices, Use of the Current Rate