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  3. Study Set
    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
  5. Question
    Foreign Currencies and Exchange Rates Influence the Accounting and Financial
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Foreign Currencies and Exchange Rates Influence the Accounting and Financial

Question 22

Question 22

Multiple Choice

Foreign currencies and exchange rates influence the accounting and financial reporting processes of firms operating ______.


A) locally
B) internationally
C) in Canada
D) in the home country

Correct Answer:

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