Alpha Ltd Is an Australian Company, the Currency of Its $\quad$

question 22

Multiple Choice

Alpha Ltd is an Australian company, the currency of its principal economic environment is UK£ and its financial statements are presented in ¥ the functional currency of its parent entity.
When considering foreign currency transactions and the preparation of financial reports of entities that engaged in transactions denominated in foreign currencies, four currency classifications are adopted:
I $\quad$ the presentation currency
II $\quad$ the domestic currency
III $\quad$ the functional currency
IV $\quad$ foreign currencies
-For Alpha Ltd, it presentation currency is:

• A)A$
• B)¥
• C)UK£
• D)US$

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Definitions:

Annual Dividend

The total amount of dividend payments a company declares in one year, divided amongst its shareholders.

Rate of Return

The positive or negative financial outcome of an investment for a specified time, presented as a percentage of the investment's initial investment.

Dividends Increased

A situation in which a company raises the amount of money paid to shareholders as dividends, often indicating the company's solid financial health.

Annual Dividend

The total dividend payments a company makes to its shareholders in a year.