Question: Under the current rate method of translation, Multiple choice question. all liabilities are translated at the current exchange rate. all liabilities other than deferred income

Under the current rate method of translation,
Multiple choice question.
all liabilities are translated at the current exchange rate.
all liabilities other than deferred income taxes are translated at the current exchange rate.
current liabilities are translated at the current exchange rate and noncurrent liabilities are translated at historical rates.
monetary liabilities are translated at the current exchange rate and nonmonetary liabilities are translated at historical rates.

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