Examlex
What is the difference between intangibility and inseparability of services?
Translation Rate
The rate used to convert financial statements of a foreign operation into the presentation currency of the reporting entity.
Foreign Currency
Currency that is used in a country other than the one where a company or individual is based.
Foreign Exchange
The conversion of one country's currency into another currency.
Functional Currency
The currency of the primary economic environment in which the entity operates and reports its financial statements.
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