Question: FASB No . 5 2 is a statement issued by the Financial Accounting 5 tandards Board requiring Ameritan MNCs to first convert the financial statement
FASB No is a statement issued by the Financial Accounting tandards Board requiring Ameritan MNCs to first convert the financial statement accounts of foreign subsidiaries into the country's functional currency and then translate the accounts into the parent firm's currency using the method.
average rate
historical rate
weighted average
allcurrentrate
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