In determining the translation adjustment when the current rate method is used, the foreign entity's net asset balance at the beginning of the year is translated using the

Multiple choice question.

end$-$of$-$the$-$year $($i$.$e$.,$ current$)$ exchange rate.

beginning$-$of$-$the$-$year exchange rate.

average$-$for$-$the$-$year exchange rate.