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A U.S. parent has a subsidiary located in Hong Kong. In which situation will the U.S. parent translate the accounts of the subsidiary from Hong
A U.S. parent has a subsidiary located in Hong Kong. In which situation will the U.S. parent translate the accounts of the subsidiary from Hong Kong dollars to U.S. dollars?
A. | The parent's customers are mostly located in Hong Kong. | |
B. | The subsidiary's customers are mostly located in Hong Kong. | |
C. | The level of inflation in Hong Kong is extremely high. | |
D. | The subsidiary's suppliers are mostly located in the U.S. |
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