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4 US firms with foreign subsidiaries evaluate sales price indicators, sales market indicators, financing indicators, among other indicators when consolidating financial statements in order to:
4 US firms with foreign subsidiaries evaluate sales price indicators, sales market indicators, financing indicators, among other indicators when consolidating financial statements in order to: select a functional currency that minimizes foreign exchange risk. identify the functional currencies of their subsidiaries. 6.4 pts All of the other answers are correct. identify the recording currencies of their subsidiaries. to strategically select among the current rate, current/noncurrent, monetary/nonmonetary, and temporal methods of translation
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