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A German MNC Conducts Most Transactions in U

Question 60

Multiple Choice

A German MNC conducts most transactions in U.S. dollars. The functional currency of the company is _______, and the reporting currency of the company is _________.


A) U.S. dollar … euro
B) Euro … euro
C) U.S. dollar … U.S. dollar
D) U.S. dollar … euro.

Correct Answer:

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