_____ a Foreign Operation That Has an Extremely High Inflation

Multiple Choice

_____ A foreign operation that has an extremely high inflation rate (cumulatively more than 100% over three years) will in most cases

A) Restate fixed assets upward for inflation before translating or remeasuring into U.S. dollars.
B) Translate or remeasure into U.S. dollars and then restate fixed assets upward for inflation.
C) Make no upward adjustment to the fixed assets for inflation and use the current rate method of translation.
D) Make no upward adjustment to fixed assets for inflation and use the temporal method of translation.
E) None of the above.