Which of the following is an additional question to be asked in determining whether a foreign entity's functional currency is the same as that of the reporting entity?
A) Are the transactions with the reporting entity a high or low proportion of the foreign operation's activities?
B) Are the foreign operation's activities carried out as an extension of the reporting entity, rather than being carried out with a significant degree of autonomy?
C) Do the cash flows from the foreign operation's activities directly affect the reporting entity's cash flows?
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above questions are relevant to determining whether a foreign entity's functional currency is the same as that of the reporting entity. These questions help assess the extent to which the foreign entity's operations are intertwined with those of the reporting entity and the degree to which its activities have an impact on the reporting entity's overall financial performance.

Which of the Following Is an Additional Question to Be