_____ refers to the impact of the change in currency exchange rate on the reported financial statements of a company

Question

asked Sep 14, 2022 48.5k views

1 Answer

Damir Kotoric · Answer 1 · 2022-09-18T18:37:40+0000

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.