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An exposed asset position:

a. Only exists when the foreign subsidiary's currency is weakening

b. Is one where the liabilities translated at the current rate exceed the assets translated at the current rate

c. Is one where the assets translated at the current rate exceed the assets translated at the historical rate

d. Is one where the assets translated at the current rate exceed the liabilities translated at the current rate

Accounting Basics, Accounting

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  • Reference No.:- M942215

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