Register
_____ refers to the impact of the change in currency exchange rate on the reported financial statements of a company
48.5k views
1 vote
_____ refers to the impact of the change in currency exchange rate on the reported financial statements of a company

User Igor Gonak
by
5.7k points

1 Answer

4 votes

Answer:

NET INCOME

Step-by-step explanation:

as you re measure each transaction, the difference, gain or loss, flows through income statement as a foreign currency transaction adjustment.

User Damir Kotoric
by
6.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Individuals are free to produce and sell whatever products they wish
Link Copied!