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Author Question: The Financial Accounting Standards Board and International Accounting Standards Board allow firms to ... (Read 190 times)

tichca

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The Financial Accounting Standards Board and International Accounting Standards Board allow firms to use the current-rate method or the temporal method to translate foreign currency financial statements into the currency of the parent company.
 
  Indicate whether the statement is true or false

Question 2

Consolidation of financial statements is the process of restating foreign subsidiary financial statements into the GAAP of the parent company.
 
  Indicate whether the statement is true or false

Question 3

Promotion using direct selling techniques is ________.
 
  A) a pull strategy
  B) necessary where inflation is high
  C) a standardized advertising technique
  D) a push strategy


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gasdhashg

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tichca

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


bulacsom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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