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Canadian Dollars
Canadian dollars (CAD) refer to the official currency of Canada, which is used for all transactions within the country.
Translation Gain/Loss
The gain or loss resulting from the conversion of foreign currency amounts into the functional currency of a business during the consolidation of financial statements.
Functional Currency
The currency of the primary economic environment in which a company operates, typically used in reporting its financial statements.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was put into use, reducing its book value.
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