Question: The Functional currency can be defined as: a . the currency of the primary economic environment in which the entity operates b . the currency

The Functional currency can be defined as:
a. the currency of the primary economic environment in which the entity operates
b. the currency in which the local subsidiary records its day to day transactions
c. the currency of the Parent company
d. the currency that Shareholders are likely to use
The Functional currency can be defined as: a .

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