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With Regard to Foreign Currency Translation Methods Used by Foreign

Question 62

Multiple Choice

With regard to foreign currency translation methods used by foreign MNCs,


A) foreign currency translation methods are generally only used by U.S.based MNCs since foreign firms have a built-in hedge by being foreign.
B) are generally the same methods used by U.S.-based firms.
C) are exactly the same methods used by U.S.-based firms since GAAP is GAAP.
D) none of the options

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