Question: Stop:Donotwritebelowthisline. ( 3 spaces) 2. Assume that ABC is a U.S. multinational corporation. Its foreign subsidiaries must report income in their respective countries according to

 Stop:Donotwritebelowthisline. ( 3 spaces) 2. Assume that ABC is a U.S.

Stop:Donotwritebelowthisline. ( 3 spaces) 2. Assume that ABC is a U.S. multinational corporation. Its foreign subsidiaries must report income in their respective countries according to GAAP in those countries. How must ABC report its consolidated financial statements

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