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Which translation method should be used under a hyperinflationary economy when using U.S. GAAP?

A) All-current, because dividends are translated at the rate that applied when they were issued.

B) Temporal, because all non-monetary accounts are re-measured at the historical rate.

C) Monetary/non-monetary, because all monetary accounts are translated at the historical rate.

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The temporal method is more appropriate because all non-monetary accounts are remeasured at the historical rate. Under IFRS, the financials would be restated for inflation, and then translated under the current rate method.