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In the comparison of the functional currency translation (FCT) method and the presentation currency translation...

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Accounting

In the comparison of the functional currency translation (FCT) method and the presentation currency translation (PCT) method, which of the following statements is true? Multiple Choice The amount reported for inventory is normally the same under both methods. The amount reported for equipment is normally the same under both methods. The amount reported for sales is normally the same under both methods. The amount reported for depreciation expense is normally the same under both methods

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