Examlex
Explain what goes on a balance sheet and its uses.
Fair Value
The amount to be banked from asset liquidation or spent on liability transition in an orderly market dealing at the time for calculating value.
Functional Currency
It's the currency of the primary economic environment in which an entity operates and generates cash flows.
Exchange Rates
The price at which one currency can be exchanged for another, influencing international trade and investments.
Exchange Gain
A profit realized from the increase in value of foreign currency assets due to favorable changes in exchange rates.
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