Converting foreign subsidiary trial balance accounts

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Reference no: EM13116850

What is the basis for deciding whether to use the spot rate or some other exchange rate when converting a foreign subsidiary's trial balance accounts into U.S. dollars under the temporal method?

Reference no: EM13116850

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Converting foreign subsidiary trial balance accounts : What is the basis for deciding whether to use the spot rate or some other exchange rate when converting a foreign subsidiary's trial balance accounts into U.S. dollars under the temporal method?
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