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a foreign subsidary functional currency is its local currency and inflation of over 100 percent has been experienced pver a three year period. for consolidation
a foreign subsidary functional currency is its local currency and inflation of over 100 percent has been experienced pver a three year period. for consolidation purposes, SFAS 52 requires the use pf:
a- both the current and temporal methods
b- the current method only
c- neither the current and temporal methods
d- the temporal method only
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Intermediate Accounting
Authors: Steven M. Bragg
1st Edition
1642210803, 9781642210804
