In which of the following cases in a translation adjustment necessary? Notes to financial statements are converted from one currency to another Preparation of consolidated financial statements Hedging of foreign currency Foreign currency financial statements are converted to another currency

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In which of the following cases in a translation adjustment necessary?
Notes to financial statements are converted from one currency to another
Preparation of consolidated financial statements
Hedging of foreign currency
Foreign currency financial statements are converted to another currency
Transcribed Image Text:In which of the following cases in a translation adjustment necessary? Notes to financial statements are converted from one currency to another Preparation of consolidated financial statements Hedging of foreign currency Foreign currency financial statements are converted to another currency
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