Question: 1_If a foreign entity does not maintain its record in its functional currency, the local currency accounts are re-measured into the functional currency using the

1_If a foreign entity does not maintain its record in its functional currency, the local currency accounts are re-measured into the functional currency using the

a. Current and noncurrent method

b. Temporal method

c. Monetary and nonmonetary method

d. Current rate method 2_Some of information is available for managers and the external one cannot see it

a. Insider trading

b. Full access to all information

c. Full and complete disclosure

d. Outsider trading 3_Accounting for foreign trade means accounting for

a. Imports and exports accounting

b. Translation of foreign operations

c. Foreign branches accounting

d. Inflation accounting Please please, I don't have enough time, help me

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