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3. When the financing of a foreign operation is provided by the parent company, its functional currency(i.c. foreign operation) is more likely to bc: a.

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3. When the financing of a foreign operation is provided by the parent company, its functional currency(i.c. foreign operation) is more likely to bc: a. The reporting currency of the parent company b. Its legal currency c. Its operating currency d. The reporting currency of the ultimate lender(i.c.bank)

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