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  3. a foreign subsidiary's functional currency is its

A foreign subsidiary's functional currency is its local currency which has not experienced significant inflation....

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Accounting

A foreign subsidiary's functional currency is its local currency which has not experienced significant inflation. The weighted average exchange rate for the current year would be the appropriate exchange rate for translating?

a) Wages expense, Yes; Sales to customers, Yes

b) Wages expense, Yes; Sales to customers, No

c) Wages expense, No; Sales to customers, No

d) Wages expense, No; Sales to customers, Yes

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