Something that people put money into hopes of making more money is called investment. In Oxford dictionary, it is the process of investing money for profit or material support.
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You don't have to take it again , you just have to changed your license which you would have to pay money for
Answer:
Current rate method
Explanation:
Translation is defined as the conversion of financial statement of a foreign subsidiary from the foreign currency to local currency.
This is done to reduce the effect of foreign exchange risk.
If a foreign subsidiary is exposed to foreign exchange risk the best translation method is the current rate method.
Current rate method uses the current exchange rate in translation.
Translation is used when the local currency is the functional currency of the company.
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