Start learning →

Which method translates items at rates when each item was created?

AClosing-rate
BCurrent-rate
CTemporal
DNet-present
Answer & Solution
Correct answer: C. Temporal
The temporal method matches each item to the exchange rate in force when it arose, rather than using one current rate.
Practise this question with Quill — CA Final →

Keep practising Foreign Exchange Exposure and Risk Management

Browse all Foreign Exchange Exposure and Risk Management questions for CA Final, or explore more Strategicfinancialmanagement topics.

Start a Foreign Exchange Exposure and Risk Management lesson →
Related questions