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Which of the following theories places an emphasis on behavior and its consequences?
Average Rate
The mean amount at which something can be bought or sold, calculated over a specified period or under certain conditions.
Functional Currency
The primary currency used by a business or unit in its financial statements, reflecting the main economic environment in which it operates.
Exchange Gains
Profits resulting from holding or transacting in foreign currencies when exchange rates move favorably.
Losses Reported
Refers to the financial losses that a company discloses in its income statement over a specific period.
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