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NEW QUESTION: 1
Where do the values for the currency conversion difference account1 and account2 come from?
A. From reconciliation of the reported version. The differences are recorded in the integrated reserves when using the current method.
B. From reconciliation of automatic journals. Account1 records differences from BS accounts; account2 records differences from PL accounts.
C. From active/passive reconciliation. The positive or negative difference is calculated from the Balance Sheet.
D. Fromreconciliation of automatic journals. The differences are recorded in the non- integrated reserves when using the current method.
Answer: C

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