Under IAS 21,which of the Following Is Not a Factor

question 8

Multiple Choice

Under IAS 21,which of the following is not a factor in determining functional currency?

• A)It is the currency that influences sales prices for goods and services.
• B)It is the currency that mainly influences labor,material and other costs of providing goods and services.
• C)It is the currency least likely to experience hyperinflation.
• D)It is the currency in which funds from financing activities are generated.