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In Determining an Entity's Functional Currency,factors to Be Considered Include

Question 1

Multiple Choice

In determining an entity's functional currency,factors to be considered include which of the following?


A) the currency of the country whose competitive forces and regulations mainly determine the sales price of its goods and services
B) the currency that mainly influences sales prices for goods and services
C) the currency in which receipts from operating activities are usually retained
D) all of the above

Correct Answer:

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