KAKA A TAIFA
JF-Expert Member
- Apr 27, 2011
- 566
- 80
Term of the Day
[h=1]functional currency[/h]Currency of the country (called the 'primary environment' ) in which a firm a conducts its business activities and generates most or all of its income and expenses. It may or may not be the currency in which it presents its financial statements, which is called reporting currency or presentation currency.
[h=1]functional currency[/h]Currency of the country (called the 'primary environment' ) in which a firm a conducts its business activities and generates most or all of its income and expenses. It may or may not be the currency in which it presents its financial statements, which is called reporting currency or presentation currency.
