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Which account type allows Revalue Open Balance for Foreign Currency Transactions? - Exam4Training

Which account type allows Revalue Open Balance for Foreign Currency Transactions?

A company is using the Multiple Currencies feature.

Which account type allows Revalue Open Balance for Foreign Currency Transactions?
A . Cost of Goods Sold
B . Income
C . Expense
D . Other Current Asset

Answer: B

Explanation:

Reference: https://www.morganfranklin.com/insights/company-insight/utilizing-netsuites-multicurrency-features/

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