释义 |
Monetary/non-monetary method Monetary/non-monetary methodUnder this translation method, monetary items (e.g. cash, accounts payable and receivable, and long-term debt) are translated at the current rate while non-monetary items (e.g. inventory, fixed assets, and long-term investments) are translated at historical rates.Monetary/Non-Monetary MethodA method of accounting in which liquid assets are calculated according to their current market value while illiquid assets are calculated according to their historical value. |