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Valentin [98]
3 years ago
11

Which of the following indicates that the functional currency of a foreign subsidiary is the US dollar? Group of answer choices

Business
1 answer:
andrey2020 [161]3 years ago
6 0

Answer:

C) Sales markets of the foreign entity are primarily in foreign countries.

Explanation:

The US dollar is the most commonly used currency in the world, and most of foreign trade is carried out using the US dollar. If the foreign entity sells most of its production overseas (exports) then they will use the US dollar as their functional currency since all their exports will be valued in US dollars.

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3 0
3 years ago
Global market has decided to increase its market share by hiring a marketing rep to visit businesses in the area and invite thei
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2 years ago
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Irina-Kira [14]

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3 years ago
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8 0
3 years ago
How is performance management measured in your organisation?<br> Your answer
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