What is meant by an entity functional currency

Reference no: EM13130778

What is meant by an entity's functional currency and what are the economic indicators indentified by the FASB to provide guidance in selecting the functional currency? Why is this an important question?

Reference no: EM13130778

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What is meant by an entity functional currency : What is meant by an entity's functional currency and what are the economic indicators indentified by the FASB to provide guidance in selecting the functional currency? Why is this an important question?

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