Which of the Following Is the Primary Factor in Determining

question 54

Multiple Choice

Which of the following is the primary factor in determining the functional currency of a foreign subsidiary?

• A) How the costs for the foreign entity's product are determined
• B) The denomination of the foreign entity's financing
• C) The location of the primary sales market that influences the price of the foreign entity's product
• D) Management's assessment of all relevant factors

---

Definitions:

Group Decision Making

The process by which a group of individuals comes together to analyze a problem and arrive at a consensus decision.

Time Management

The practice of organizing and planning how to divide one's time between specific activities to maximize efficiency and productivity.

Eliminate Activities

The process of removing unnecessary tasks or processes to improve efficiency or effectiveness.

Avoid Procrastination

The practice of taking active steps to complete tasks in a timely manner and prevent delays in work or decision-making.