Examlex
In SWOT analysis,which of the following refers to factors in the external environment?
Functional Currency
The primary currency of the primary economic environment in which an entity operates, usually the local currency or the currency of the main revenue-generating activities.
Translation Rate
The exchange rate used to convert the financial statements of a foreign subsidiary into the currency of the parent company.
Functional Currency
The currency of the primary economic environment in which an entity operates, used for reporting financial results.
Foreign Operation
A business or branch of a company that operates in a country different from the country where the company is headquartered.
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