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Is ABC permitted to have two functional currencies in its UK subsidiary. Indicate your answer as well as cut and paste authoritative support from the

Is ABC permitted to have two functional currencies in its UK subsidiary. Indicate your answer as well as cut and paste authoritative support from the FASB codification. If your answer is yes, indicate which functional currencies you would use for which aspects of the business. If your answer is no, indicate the specific FASB Codification section supporting your response.

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