Skip to content

When the functional currency is the same as parent’s presentation currency use the ____ method when it is different use the ____ method.

May 7, 2016

When they are the same use the Temporal Method.

When they are different use the Current Rate Method.

Because you want more recent rates when they are different.

 

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: