Parent company currency for all transactions


Which of the following methods for translating foreign currency financial statements attempts to produce consolidated financial statements as if a subsidiary had actually used the parent company's currency for all its transactions?

A) Current/Noncurrent method

B) Monetary/Nonmonetary method

C) Current rate method

D) Temporal method

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Accounting Basics: Parent company currency for all transactions
Reference No:- TGS069801

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