Multinational Accounting: Foreign Currency Transactions and Financial Instruments Preloader

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The Accounting Issues. Foreign currency transactions of a U.S. company denominated in other currencies must be restated to their U.S. dollar equivalents before they can be recorded in the U.S. company\'s books and included in its financial statementsTranslation - The process of restating foreign currency transactions to their U.S. dollar equivalent values.

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