- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 12. Multinational Operations
- Subject 2. Role of the Functional Currency
CFA Practice Question
The primary currency of the foreign entity's operating environment is known as the
B. functional currency.
C. presentation currency.
A. local currency.
B. functional currency.
C. presentation currency.
Correct Answer: B
User Contributed Comments 0
You need to log in first to add your comment.