Question $26($Mandatory$)(2\mathrm{.}5$ points$)$

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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$)$ Monetary$/$Nonmonetary method

$18$

B$)$ Current rate method

$21$

C$)$ General purchasing power method

$24$

D$)$ Temporal method

$27$

Question $27($Mandatory$)(2\mathrm{.}5$ points$)$