Unformatted text preview: (c) The world-wide equivalent of the FASB. (d) The currency of the country in which financial statements are prepared for owners. (e) Conversion process that uses a variety of exchange rates for assets. (f) The "plug" adjustment is an item of "other comprehensive income."...
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- Spring '11
- Accounting, Comprehensive income, Generally Accepted Accounting Principles, International Financial Reporting Standards, Financial Accounting Standards Board, Accounting standards Board, global GAAP development