Examine the Five Following Cases and Determine If the Functional

question 77

Essay

Examine the five following cases and determine if the functional currency of a U.S.parent's foreign unit is the foreign currency or the U.S.Dollar.
$\begin{array}{l}\begin{array}{|lll|} \hline\text { Scenario }\\ \hline \text { Receivables and payables denominated in}\\ \text { foreign currency are not usually remitted to }\\ \text { parent company.}\\ \hline \text { Sales prices are influenced by worldwide}\\ \text { competitive conditions and responsive on a }\\ \text { short-term basis to exchange rate changes.}\\ \hline \text { Foreign unit obtains materials primarly from}\\ \text { its own country.}\\ \hline \text { The unit's financing is taken care of through }\\ \text { ongoing fund transfers by the parent.}\\\hline \text { There is a low volume of intercompany }\\ \text { transactions and little operational}\\ \text { interrelations between the U.S. parent and }\\ \text { foreign unit.}\\\hline \end{array}\begin{array}{|lll|} \hline\text { Fumctional Courency is? }\\\hline \\\\\\\hline \\\\\\\hline \\\\\hline \\\\\hline \\\\\\\\\hline \end{array}\end{array}$

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Definitions:

Meninges

The three protective membranes (dura mater, arachnoid mater, and pia mater) that cover the brain and spinal cord.

CNS

Central Nervous System, comprising the brain and spinal cord, responsible for processing information and controlling body functions.

PNS

Peripheral Nervous System, the part of the nervous system outside the brain and spinal cord that connects the CNS to organs, limbs, and skin.

Spinal Nerve Pairs

Spinal nerve pairs are pairs of nerves that emerge from the spinal cord, serving to relay information between the body and the spinal cord.