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During cellular respiration:
Liabilities
Financial obligations or debts owed by a company to others, which are expected to be paid or settled in the future.
Functional Currency
The currency of the primary economic environment in which an entity operates and carries out its day-to-day transactions.
Exchange Rate
The value of one currency for the purpose of conversion to another.
Historical Cost
The original monetary value of an asset or transaction, without adjustments for inflation or other factors.
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