Examlex
Match each of the terms with its definition or description.
-Consists of plasma,transcellular fluid,and interstitial fluid
Functional Currency
The money type utilized in the financial statements of a business, which is from the main economic setting where the business functions.
Local Currency
The currency of the country in which the foreign operation is based.
Spot Exchange Rate
The exchange rate at a point of time for immediate delivery of the currency in an exchange.
Presentation Currency
The currency in which a company's financial statements are presented, typically the national currency of the country where the company is headquartered.
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