Question: If the U . S . dollar is the currency in which the foreign affiliate's books and records are maintained, and the U . S

If the U.S. dollar is the currency in which the foreign affiliate's books and records are maintained, and the U.S. dollar is also the functional
currency:
Multiple Choice
the translation method should be used for restatement.
the remeasurement method should be used for restatement.
either translation or remeasurement could be used for restatement.
If the U.S. dollar is the currency in which the foreign

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