which of the following would make it permissible to use the average exchange rate to translate income statement accounts rather than translating each transaction separately? multiple select question. when using the average exchange rate would result in a lower net income for the period. when the income statement is comprised of many similar transactions spread over a period. when translating each transaction separately would result in a lower net income for the period. when using the average exchange rate would not differ materially from translating each transaction separately.
