Question: You are a U . S . parent and you have a subsidiary in Singapore. The subsidiary's functional currency is the U . S .

You are a U.S. parent and you have a subsidiary in Singapore. The subsidiary's functional currency is the U.S. dollar and it maintains its accounts in Singapore dollars. When you consolidate the subsidiary, you will:
Select one:
a. Remeasure the subsidiary's trial balance into U.S. dollars and then do the consolidation eliminating entries
b. Translate the subsidiary's trial balance into U.S. dollars and then do the consolidation eliminating entries
c. Put the subsidiary's trial balance, in Singapore dollars, on the working paper and add the Singapore dollar balances to the parent's U.S. dollar balances
d. Translate the subsidiary's trial balance into Singapore dollars, then remeasure it into U.S. dollars, and then do the consolidation eliminating entries
You are a U.S. parent and you have a subsidiary in

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