You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
D? Really? That's like trying to fit a square peg in a round hole. Definitely going with C, the only option that explicitly mentions both valuation areas and accounting principles.
I think C is the correct answer. Defining two valuation areas and two accounting principles with relevant links to ledgers seems like the most comprehensive solution to handle the different values for local and international GAAP.
I agree, defining two valuation areas and two accounting principles with relevant links to ledgers would ensure accurate valuation for both local and international GAAP.
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