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The Following Is an Extract from the 'Notes to the Accounts

Question 30

Multiple Choice

The following is an extract from the 'Notes to the Accounts' explaining the foreign currency translation reserve.
The following is an extract from the 'Notes to the Accounts' explaining the foreign currency translation reserve. What are the rates represented by (a) and (b) ? A) (a) Current; (b) Spot. B) (a) Historical; (b) Current. C) (a) Current; (b) Historical. D) (a) Spot; (b) Current. E) (a) Forward; (b) Historical.
What are the rates represented by (a) and (b) ?


A) (a) Current; (b) Spot.
B) (a) Historical; (b) Current.
C) (a) Current; (b) Historical.
D) (a) Spot; (b) Current.
E) (a) Forward; (b) Historical.

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