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If the company's financial accounts are prepared in a foreign currency, what exchange rate should I use for converting the amounts into HK dollars?

If the company's financial accounts are prepared in a foreign currency, what exchange rate should I use for converting the amounts into HK dollars?

2011-10-24 03:01 PM
|
Qing
 

1 Answer

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You should use the yearly average rate as at the accounts closing date.

2011-10-24 03:04 PM
|
Barry
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