When the functional currency is neither the U.S. dollar nor the local currency of the country where the subsidiary is located, but rather the currency of a third country: a. the third country's financial statements are converted to U.S dollars using the temporal method b. the third country's financial statements are converted to U.S. dollars using the current rate method c. the subsidiary's financial statements are converted from the local currency to the functional currency using the temporal method and then translated from the functional currency to the U.S. dollar using the current rate method d. none of the above Studies that compared budgeting and performance evaluation practices in Japan and the United States found: a. more time is spent in the United States preparing budgets b. compensation and promotion of U.S. managers were more likely to be impacted by budget performance than those of Japanese managers. c, both a. and b. d. none of the above Shareholders and corporate management prefer a transfer pricing methodology that: a. results in lower intrafirm transfer prices for the selling division b. maximizes consolidated earnings c. results in a reasonable reflection of an arm's-length price d. results in higher transfer prices for its buying division