Examlex
Which of the following is not part of the ITIL IT service management model?
Historical Rate
The exchange rate used to convert foreign currency amounts involved in a transaction to the reporting currency based on the rate in effect at the time of the transaction.
Current-Rate Method
An accounting method used in translating the financial statements of a foreign subsidiary, where all current and non-current items are translated at the current exchange rate.
Functional Currency
The primary currency used by a business or entity in its daily operations.
South African Rand
The South African Rand is the official currency of South Africa, denoted by the symbol ZAR.
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