Examlex
When a customer service manager works to defuse a situation with an irate customer, which managerial role is he or she taking on?
Functional Currency
The currency of the primary economic environment in which an entity operates, usually determined by the currency that mainly influences sales prices for goods and services or the country whose competitive forces and regulations most affect the entity's performance.
Cost of Sales
The direct costs attributable to the production of the goods sold by a company.
Economic Exposure
The risk that a company's cash flow, earnings, or future cash flows will be affected by changes in exchange rates.
Monetary Items
Assets and liabilities that are to be received or paid in a fixed or determinable amount of money.
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