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C2020-605 · Question #28

C2020-605 Question #28: Real Exam Question with Answer & Explanation

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Question

Company ABC uses the temporal method of currency conversion, whereby gains/losses on translation are posted directly to the income statement. Which of the following shows a correct setting for the currency conversion difference in the general configuration? (Account 2085 = Translation Difference)

Exhibit

C2020-605 question #28 exhibit

Options

  • AOption A
  • BOption B
  • COption C
  • DOption D

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