Question: Under the current / non - current translation method, most income statement items are translated at the but items that are associated with noncurrent assets

Under the current/non-current translation method, most income statement items are translated at the but items that are associated with noncurrent assets or liabilities, such as depreciation expense, are translated at the
average exchange rate for the accounting period; historical rate that applies to the applicable balance sheet item
current exchange rate; historical rate that applies to the applicable balance sheet item
current exchange rate; average noncurrent exchange rate over the life of the firm
Under the current / non - current translation

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