The (оld) pаrtner оn the аudit tо which you were аssigned keeps referring to "FAS 52" (Statement of Financial Accounting Standards No. 52) when talking about a client's functional currency.a. Use the Cross-Reference & Sourcing Tool (under the Tools tab in the FASB Codification) to cross reference between the original standard and the Codification. What Codification topic (number and title) cross-references to FAS 52? Topic _____________________________________________b. Citing the Codification (ASC reference down to the paragraph, not the glossary), what is an entity's functional currency?Cite: ASC _______ - _______ - _______ - _______c. What is an entity's functional currency?Answer: ______________________________________________________________________________________________________________