Business, 04.11.2019 22:31 Aubreigh29
Acompany from the united kingdom uses british pounds in its normal operations, reports in the european union in euros, and reports in the united states in u. s. dollars. the company is owned by a private equity firm in japan. what is the company's functional currency? (aicpa 2018)
a. the euro.
b. the british pound.
c. the u. s. dollar.
d. the japanese yen.
Answers: 2
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Acompany from the united kingdom uses british pounds in its normal operations, reports in the europe...
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