A Change in the functional currency of an entity occurs
A) Only if there are significant economic changes in an entity's operations and is accounted for prospectively.
B) Even if there are minor economic changes in an entity's operations and is accounted for prospectively.
C) Only if there are significant economic changes in an entity's operations and is accounted for retrospectively.
D) Even if there are minor economic changes in an entity's operations and is accounted for retrospectively.
Correct Answer:
Verified
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