rate in effect at the end of the reporting period. 这个指的是current exchange rate?

问题如下：

If the euro is chosen as the Ukraine subsidiary’s functional currency, Eurexim will translate its accounts receivable using the:

选项：

rate in effect at the transaction date.

average rate for the reporting period.

rate in effect at the end of the reporting period.

解释：

C is correct.

Monetary assets and liabilities such as accounts receivable are translated at current (end-of-period) rates regardless of whether the temporal or current rate method is used.

考点：temporal method

解析：由于母公司使用欧元，题干假设子公司也用欧元，子公司所在地local currency是乌克兰元，所以使用temporal method，汇率是欧元和乌克兰元两个币种之间的汇率。对于A/R这个科目，temporal method下应该用current rate，也就是转换报表时的当下汇率。

【提示】其实无论是用temporal method 还是current method，对于AR都是用current rate来转换的。

A指的是产生accounts receivable的交易发生日的汇率，也就是追溯历史的historical的汇率。选项A不正确。

B选项说的是平均汇率，选项B不正确。