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The temporal method is a currency translation technique for foreign subsidiaries, allowing profits and losses to be computed in the parent company’s currency. Learn its rules and applications.

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Justin Pot Our upgrade pick, Babbel, has discontinued its premium Live service ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...