NetSuite Financial User Practice Questions - Oracle NetSuite Financial User Certification (N16599GC10) Exam

What is the functional currency of a subsidiary in NetSuite?

The currency used for invoicing customers The currency in which a subsidiary maintains its books and primary financial records, also called the base currency The currency used by the parent Any currency permitted on transactions

Correct Answer:

The currency in which a subsidiary maintains its books and primary financial records, also called the base currency

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