Examlex
When a group functions as an open system,it guards its boundaries and discourages input from or interaction with the outside..
Translation Rate
The exchange rate used to convert the financial statements of a foreign subsidiary to the reporting currency of the parent company.
Functional Currency
The primary currency of the primary economic environment in which an entity operates, used in preparing its financial statements.
Dividends
Distributions by a company to its shareholders, consisting of a share of the company's profits.
Historical Rates
The exchange rates from past periods used for translating transactions in foreign currencies or financial statements of foreign operations.
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