Exchange rate or spot rate under temporal method

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Reference no: EM1345038

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: EM1345038

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Exchange rate or spot rate under temporal method : 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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