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    Business
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    International Accounting and Multinational Enterprises
  4. Exam
    Exam 10: Foreign Currency Transactions and Translation
  5. Question
    The Currency in Which the Parent Company Prepares Its Financial
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The Currency in Which the Parent Company Prepares Its Financial

Question 12

Question 12

Multiple Choice

The currency in which the parent company prepares its financial statements is the


A) functional currency.
B) reporting currency.
C) historical currency.
D) base currency.

Correct Answer:

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