If the current rate method is used, the gain or loss on translation is included under other

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If the current rate method is used, the gain or loss on translation is included under other comprehensive income. Explain why this makes sense economically.

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 18, 2011 07:07 AM

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If the current rate method is used, the gain or loss on translation is included under other

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