Which of the Following Factors Is a SECONDARY Indicator Used

question 55

Multiple Choice

Which of the following factors is a SECONDARY indicator used to choose a functional currency?

• A)Currency in which the selling prices are denominated.
• B)Ability of subsidiary to generate cash flows to service its debts.
• C)Sources of competition and regulations.
• D)Currency in which the cost of goods sold is denominated.

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Definitions:

Resources

The assets, materials, and inputs needed by businesses or individuals to produce goods or services.

Growing Pains

Growing pains signify the difficulties or challenges faced by organizations or individuals when expanding or progressing rapidly.

Psychological Disorders

Mental health conditions characterized by changes in mood, behavior, and cognitive functions that disrupt a person's daily life.

Efficiency

The ability to accomplish a task or produce a desired outcome with minimum waste of time, resources, or effort.