Ask Question
15 May, 05:36

What are major procedural differences in applying the current rate and temporal methods of translation?

+1
Answers (1)
  1. 15 May, 09:26
    0
    Answer and explanation:

    The current method or currency translation method refers to the theoretical procedures a company follows when translating its financial statements from its natural currency into a foreign currency in the present time. The temporal method at the same time is a set of approaches to translates the financial statement currency into another but using historical exchange rates according to the date when those transactions took place.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What are major procedural differences in applying the current rate and temporal methods of translation? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers