A parent company uses U.S. GAAP and presents its financial statements in U.S. dollars. It has a subsidiary in Singapore whose books are maintained in Singapore dollars, following IFRS. The subsidiary's accounts are included in the consolidated financial statements of the parent:

Select one:

A. in Singapore dollars, following U.S. GAAP.

B. in U.S. dollars, following U.S. GAAP.

C. in Singapore dollars, following IFRS.

D. in U.S. dollars, following IFRS.