NO.PZ2018111303000054
问题如下：
Felix is an CFA, work on the Equity investment company, one of the companies he follows, PZ Company, is based in China and complies with IFRS, Felix has found that PZ used 150 RMB million of its own cash and borrowed an equal amount to open a subsidiary in USA, the funds were converted into US dollars on 31 December 2018 at an exchange rate of 1 US dollars = 6.9 RMB, PZ also purchase 500$ million fixed asset and 200$ inventories.
If PZ using US dollar as subsidiary’s functional currency, PZ will translate its inventory using the：
选项：
A.of the current rate
B.of the average rate
C.of the historical rate
解释：
A is correct.
考点：current method
解析：如果美元是functional currency， 此时functional currency= local currency, 我们选择current method，所以所有的资产和负债都是用current rate来转换的。
本题，子公司的funding 都是来自于 中国母公司，因此 functional currency 是 RMB吧。
所以，FC 不等于 LC，所以 是 Current rate method。
下面的解答说错了吧。
FC = LC的话就是current rate method
FC 不等于LC而等于RC的话是Temporal method。
