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funktionell valuta

English translation: functional currency

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:funktionell valuta
English translation:functional currency
Entered by: Charlesp
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08:01 Mar 14, 2007
Swedish to English translations [PRO]
Bus/Financial - Finance (general) / financial reporting
Swedish term or phrase: funktionell valuta
The currency in which the company conducts its business and financial operations.
Charlesp
Sweden
Local time: 07:51
functional currency
Explanation:
Functional currency: The currency of the primary economic environment in which the entity operates. The term 'functional currency' is used in the 2003 ...
www.iasplus.com/standard/ias21.htm -
Selected response from:

hirselina
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
2 +1functional currencyhirselina


  

Answers


4 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
functional currency


Explanation:
Functional currency: The currency of the primary economic environment in which the entity operates. The term 'functional currency' is used in the 2003 ...
www.iasplus.com/standard/ias21.htm -


hirselina
Native speaker of: Native in FrenchFrench, Native in DutchDutch
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
agree  Peter Adolph: I agree: check this google-search: http://www.google.dk/search?hl=da&q=functional currency&meta...
3 mins
  -> Thanks!
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