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Disintermediation Is the Elimination of Sales Taxes When Selling Online

question 70

True/False

Disintermediation is the elimination of sales taxes when selling online.


Definitions:

Canadian Dollars

The official currency of Canada, commonly represented by the symbol CAD.

Functional Currency

The main currency used by a business or entity in its principal economic environment.

Canadian Dollars

The official currency of Canada, often symbolized as CAD.

Translation Gain/Loss

The gain or loss resulting from the conversion of financial statements from one currency to another for consolidation purposes.

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