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According to FASB ASC 830, Foreign Currency Matters, which of the following conditions would indicate that a foreign subsidiary's functional currency is the foreign currency?
Method
A systematic plan, procedure, or technique used to accomplish a specific task or solve a particular problem.
Method of Agreement
A principle in inductive reasoning that identifies a cause of a phenomenon by finding common factors in different instances where the phenomenon occurs.
Cause
The source or reason something happens, leading to a particular effect or outcome.
Method of Residues
A technique in scientific and logical analysis where elements accounted for by existing explanations are removed to isolate the effect of a single factor.
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