Answer Happy

Please match the translation method with the most plausible outcome Using the current/noncurrent method foreign subsidiary with current Using the temporal method, monetar accounts, such as cash, [Choose1 are translated at the current spot exchange rate. revenue and expense items that are associated with long-term assets or liabilities, such as depreciation expense, are translated an appropriately weighted average exchange rate for the period may be used for translation most income statement accounts translated at the average exchange rate for the period a foreign subsidiary with current assets in excess of current liabilities will cause a translation gain foss) if the local currency Using the current rate method, Under Monetary/nonmonetary method most income statement account :