Which of the Following Factors Is a Primary Indicator Used

question 39

Multiple Choice

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

• A)Autonomy of the subsidiary
• B)Proportion of intercompany transactions
• C)Sources of competitive forces and regulations
• D)Ability of subsidiary to generate cash flows to service its debts

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Definitions:

Rapa Nui

An island in the southeastern Pacific Ocean, known for its monumental statues called moai, created by the early Rapa Nui people.

Abelam Culture

A society located in the East Sepik Province of Papua New Guinea, known for their elaborate yam festivals and impressive ceremonial houses called haus tambarans.

Yam Cultivation

The agricultural practice of growing yams, a type of tuber that is a staple food in many parts of the world, particularly in Africa and the Pacific.

Trobriand Islanders

The indigenous people of the Trobriand Islands, part of Papua New Guinea, known for their unique matrilineal society and Kula ring exchange system.