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There Are Two Points at Which Operating in a Foreign

Question 49

Multiple Choice

There are two points at which operating in a foreign currency raises issues for accounting:


A) when debt is incurred and when foreign payrolls are run.
B) when transactions are made in foreign currencies and when foreign subsidiaries consolidate their results back to corporate financial reports.
C) when the currency fluctuates and when the local inflation rate changes.
D) when the interest and inflation rates change.

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