Sentences with functional currency
func·tion·al cur·ren·cy
F f - A British subsidiary of a US parent firm will declare that the pound is its functional currency, into which any foreign-currency income is translated.If an item is denominated in the functional currency of the foreign operation, an exchange difference arises.Functional currency is the main currency used by a business.
- If an item is denominated in the functional currency of the foreign operation, an exchange difference arises.A British subsidiary of a US parent firm will declare that the pound is its functional currency, into which any foreign-currency income is translated.A functional currency is the main currency used by a business.