A U.S. parent's French subsidiary has the British pound as its functional currency. If the French subsidiary keeps its books in francs, it will be necessary to ____________________________ and then __________________________.

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The Answer of A U.S. parent's French subsidiary has the British pound as its functional currency. If the French subsidiary keeps its books in francs, it will be necessary to ____________________________ and then __________________________.

A US Parent's French Subsidiary Has the British Pound as Its