The "Reporting Currency" Is Defined in FASB 52 as

question 6

Multiple Choice

The "reporting currency" is defined in FASB 52 as

• A)the currency of the primary economic environment in which the entity operates.
• B)the currency in which the MNC prepares its consolidated financial statements.
• C)a currency that is not the parent firm's home country currency.
• D)the currency of the primary economic environment in which the entity operates,as well as a currency that is not the parent firm's home country currency.