Which of the Following Factors Is a Secondary Indicator Used

question 36

Multiple Choice

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

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

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Definitions:

Colonial Government

The governing structures established by colonial powers in territories they controlled, often prior to the territories gaining independence.

Angry Mob

A large, disorderly, and often violent crowd of people typically expressing or intending to cause harm or chaos.

Colonists

Individuals who settle in a new territory or colony, often leaving their homeland to form a new community or society.

Colonial Protesters

Individuals in a colony who demonstrate or agitate against the established rule or policies, often seeking independence or change.