When the functional currency of a foreign entity is the U.S.dollar,the foreign entity's accounts are remeasured into its U.S.dollar functional currency.

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When the functional currency of a foreign entity is the U.S. dollar, its accounts are remeasured into the U.S. dollar functional currency in order to prepare financial statements in accordance with U.S. GAAP or IFRS. This process is also known as "translation."

When the Functional Currency of a Foreign Entity Is the U.S.dollar,the