ABC Enterprise has operations in the US and its headquarters in the UK. They share the
same chart of accounts, accounting calendar, accounting method, and ledger-processing
options. UK management requires reporting on receivables from its US operations in GBP
each month. Identify the best option for the US operations to report to their parent.
A.
Create an account-level reporting currency.
B.
Create a subledger-level reporting currency.
C.
Create a journal-level reporting currency for every transaction.
D.
Create a balance-level reporting currency and run general ledger translation.