Question: When does a foreign affiliate restate financial statements in U . S . dollars by remeasurement? Multiple select question. When the historical and average exchange

When does a foreign affiliate restate financial statements in U.S. dollars by remeasurement?
Multiple select question.
When the historical and average exchange rates used for translation are equal
When the foreign affiliate is located in highly inflationary economies and uses the U.S. dollar as its functional currency
When the exchange rates used for the functional currency are the same as used for the recording currency
When the foreign affiliate's functional currency is not its recording currency

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