Re-measurement vs translation difference, question, financing, activities, investing

Sunshine4ever

This threw me off. What's the difference under Multinational Operations?

Translation usually occurs for independent subsidiaries whose operating, investing & financing activities are decentralized from the parent.

Re-measurement usually occurs when a subsidiary is well integrated with the parent and makes the operating, investing and financing decisions.

This may sound like a dumb question but what is the difference between re-measurement and translation? I'm assuming that both cases use the all current or temporal method depending on circumstances but I'd like to confirm?

Would appreciate the help!