Examlex
Which of the following is NOT a component of a situation analysis?
Functional Currency
The primary currency of the main economic environment in which an entity operates.
Asset And Liability Account Balances
The respective values of a company's current and non-current assets, and its current and long-term liabilities at a point in time.
Local Currency
Refers to the legal tender or official currency that is used within a country's borders.
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