An entitys functional currency is: A. The currency of its parents country. B. The currency of its
Question:
An entity’s functional currency is:
A. The currency of its parent’s country.
B. The currency of its own country.
C. The currency in which the financial statements are presented.
D. The currency of the entity’s primary economic environment.
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Related Book For
Financial Accounting An International Introduction
ISBN: 9781292102993
6th Edition
Authors: David Alexander, Christopher Nobe
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