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Respectively,a Company's Domestic Currency,functional Currency and Presentation Currency Are

Question 3

Multiple Choice

Respectively,a company's domestic currency,functional currency and presentation currency are:
i.the currency in which the financial statements must be presented
ii.the currency in which an entity is required to measure its financial performance and position
iii.the currency of the country of incorporation
iv.the currency of the country in which the majority of shareholders are located


A) i, ii, iv
B) iii, iv, i
C) iii, ii, i
D) iv, iii, ii

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