A U.S. parent has a subsidiary located in Hong Kong. In which situation will the U.S. parent translate the accounts of the subsidiary from Hong Kong dollars to U.S. dollars?
A) The subsidiary's customers are mostly located in Hong Kong.
B) The subsidiary's suppliers are mostly located in the U.S.
C) The parent's customers are mostly located in Hong Kong.
D) The level of inflation in Hong Kong is extremely high.
Correct Answer:
Verified
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