The Functional Currency of a Colombian Manufacturing Subsidiary Selling Exclusively

question 20

Multiple Choice

The functional currency of a Colombian manufacturing subsidiary selling exclusively to the U.S.

• A) depends on where it sources its raw materials
• B) depends on where it sells the completed product
• C) will be the Colombian peso
• D) will be the U.S. dollar

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Definitions:

Penicillins

A group of antibiotics derived from Penicillium fungi, used to treat bacterial infections.

Pharmacotherapeutics

The study of how drugs are used to treat disease; also called clinical pharmacology.

Pharmacodynamics

The study of what drugs do to the body: the mechanism of action, or how they work to produce a therapeutic effect.

Mineral Source

A naturally occurring substance from which minerals can be extracted or obtained for various uses.