COST ACCOUNTING
FINANCIAL TERMINOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In Japan, the US dollar is
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foreign money
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strange money
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a foreign currency
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Explanation:
Detailed explanation-1: -Yes, USD is acceptable in Japan. The law was changed about 10 years ago. Even USD local trading for domestic business is legally acceptable. However, most people do not like to accept USD with yen-based life: The rate may not be good if he or she accepts USD.
Detailed explanation-2: -1 JPY = 0.007415 USD Feb 23, 2023 07:30 UTC The currency converter below is easy to use and the currency rates are updated frequently.
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