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    International Financial Management Study Set 6
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    Exam 10: Management of Translation Exposure
  5. Question
    The Currency of the Primary Economic Environment in Which the Entity
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The Currency of the Primary Economic Environment in Which the Entity

Question 23

Question 23

Multiple Choice

The currency of the primary economic environment in which the entity operates is defined in FASB 52 as


A) the "reporting currency".
B) the "functional currency".
C) the "current currency".
D) none of the above

Correct Answer:

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