Functional currency or base currency refers to the main currency used by a business or a unit within a business. It is the monetary unit of account of the principal economic environment in which an economic entity operates and the currency used for accounting purposes.
Functional currency or base currency refers to the main currency used by a business or a unit within a business. It is the monetary unit of account of the principal economic environment in which an economic entity operates and the currency used for accounting purposes.
Source: Wikipedia "Functional currency" · CC BY-SA 4.0
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