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:

Over Thirty

Refers to individuals or demographic groups that are over the age of thirty years.

Criminal Subcultures

Groups within a society that develop unique sets of norms and values that revolve around criminal activities.

Remorseful

Being remorseful entails feeling deep regret or guilt for a wrong committed, often accompanied by a desire to make amends or seek forgiveness.

Conformists

Individuals who align their behavior or beliefs with the norms and standards of a group or society.