Under both the temporal method and the current rate method,what exchange rate should be used to translate a foreign subsidiary's dividends into parent company currency?
A)current rate
B)historical rate
C)average rate
D)Any of the above methods may be used under both the temporal and current method.

Question

Quizplus · Accepted Answer

Under both the temporal method and the current rate method, dividends are translated at the historical rate, which is the rate in effect when the dividends were declared.

Under Both the Temporal Method and the Current Rate Method,what