In order to appropriately analyze the trends in foreign financial statement data,which exchange rates should be used?
A)historical exchange rates
B)beginning of year exchange rates
C)current exchange rates
D)average exchange rates

Question

Quizplus · Accepted Answer

Current exchange rates should be used to analyze trends in foreign financial statement data as they reflect the most recent and relevant economic conditions affecting the financial statements.

In Order to Appropriately Analyze the Trends in Foreign Financial