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  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 10: Translation and Consolidation of Foreign Currency Financial Statements
  5. Question
    Where the Choice of an Entity's Functional Currency Is Not
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Where the Choice of an Entity's Functional Currency Is Not

Question 23

Question 23

True/False

Where the choice of an entity's functional currency is not clear-cut,the choice should be based on currency of largest proportion of export sales.

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