1. A subsidiary operating out of a country where the inflation rate over the last three years has averaged 50% should use the ___ method for translation.
current rate
temporal
historical rate
monetary
2. The temporal method becomes the monetary/non-monetary method when ___
the historical rate is greater than the current rate
the foreign subsidiary has a operating loss
inventory and net plant and equipment are not regularly restated to reflect market value
the current rate is greater than the historical rate