Moto UK has customers across Europe. The base currency of Moto UK ledger is GBP whereas it is required to generate sales invoices in Euro.  Which of the following processes is used for recording the changes associated with currency exchange fluctuations for transactions at the end of the accounting period?

Conversions

Revaluations

Posting

Consolidation

Verified Answer
Correct Option - b

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Updated on Wed, 10 Dec 2025