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Comparability of financial statements across companies within an industry is made more difficult by Multiple choice question. some companies identifying local currencies as functional currency
Comparability of financial statements across companies within an industry is made more difficult by Multiple choice question. some companies identifying local currencies as functional currency and other companies identifying the U.S. dollar as functional currency. all companies within the industry identifying the U.S. dollar as the functional currency for their foreign operations. all companies within the industry identifying local currencies as the functional currency for their foreign operations
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