Which of the following situations is an example of a proper application of the money measurement principle in accounting?

A company engages in transactions in several different currencies, as it has offices in several countries. Each local office records transactions in its local currency, but the parent company uses one currency for its consolidated financial statements.

A company records its financial books using the accrual method of accounting but records its tax books using the cash method of accounting in order to more easily prepare its tax returns.

A company holds many derivatives and other complex investments. The company hires external valuation experts to help determine the value at which it should record these assets on its financial records.

A company has a good reputation for having excellent customer service. Internally, the company often talks about how its employees are its most valuable asset in maintaining this reputation, but the company does not record any such asset on the financial records of the business.