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If a parent company has an autonomous subsidiary in a country where the cumulative rate of inflation for the past three years is more than
If a parent company has an autonomous subsidiary in a country where the cumulative rate of inflation for the past three years is more than 100 percent, which translation methodology would they use according to the US GAAP?
a. | the current rate method. | |
b. | the temporal method after adjusting for inflation. | |
c. | the temporal method. | |
d. | the current rate method after adjusting for inflation. |
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