If the Restatement Method for a Foreign Subsidiary Involves Remeasuring

Multiple Choice

If the restatement method for a foreign subsidiary involves remeasuring from the local currency into the functional currency,then translating from functional currency to U.S.dollars,the functional currency of the subsidiary is:
I.U.S.dollar.
II.Local currency unit.
III.A third country's currency.

A) I
B) III
C) II
D) Either I or II