Which of the Following Factors Should Be Considered When Determining

question 6

Multiple Choice

Which of the following factors should be considered when determining the functional currency?

• A) Which currency mainly influences the costs of labour and materials?
• B) Which currency mainly influences the selling price of the goods and services provided?
• C) Which country has the most influence over competitive forces and regulations for the sales price of the goods and services?
• D) All of these options should be considered.

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Definitions:

Maslow's Needs

A hierarchy developed by Abraham Maslow that categorizes human needs into five levels, from basic physiological needs to self-actualization, influencing motivation and behavior.

Affiliation

is a connection or association with a group or organization, often based on shared interests or objectives.

Belongingness

The human need to be an accepted member of a group.

Relatedness Needs

According to Self-Determination Theory, these are essential psychological needs involving connecting with others through caring and meaningful relationships.