Under AASB 121, the Process of Translation of the Financial

Under AASB 121, the process of translation of the financial statements of a foreign operations involves:

A) converting from the functional currency of the foreign operation into the parent entity's functional currency
B) converting from the parent entity's functional currency into the functional currency of the foreign operation
C) converting from the functional currency of the foreign operation into the presentation currency used in the parent entity's consolidated financial statements
D) converting from the domestic currency of the foreign operation into the parent entity's functional currency