When exchange rates change, the value of a foreign subsidiary's assets and liabilities that are denominated in a foreign currency change

Select one:

a. but this is only of material concern if the parent firm is liquidating the subsidiary in a bankruptcy and is forced to realize the value of the assets and liabilities at the current exchange rate.

b. when they are viewed from the perspective of the parent firm.

c. when they are viewed from the perspective of the subsidiary firm.

d. none of the provided options apply