Which of the following factors is a secondary indicator used to choose a functional currency?
A)Currency in which the cost of goods sold is denominated
B)Currency in which the selling prices are denominated
C)Sources of competition and regulations
D)Ability of subsidiary to generate cash flows to service its debts

Question

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The Answer of Which of the following factors is a secondary indicator used to choose a functional currency?
A)Currency in which the cost of goods sold is denominated
B)Currency in which the selling prices are denominated
C)Sources of competition and regulations
D)Ability of subsidiary to generate cash flows to service its debts

Which of the Following Factors Is a Secondary Indicator Used