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Functional currency of a foreign subsidiary

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Reference no: EM13128250

Which of the following is the primary factor in determining the functional currency of a foreign subsidiary?

a. How the costs for the foreign entity's product are determined

b. The denomination of the foreign entity's financing

c. The location of the primary sales market that influences the price of the foreign entity's product

d. Management's assessment of all relevant factors

Reference no: EM13128250

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