Multiple Choice
IAS 21 specifies that post-acquisition movements in equity other than retained profits or accumulated losses are translated at:
A) the spot rate.
B) the forward rate.
C) the market rate.
D) none of the given answers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Aus Co Ltd has a foreign
Q6: In the process of consolidating the
Q9: As prescribed in IAS 21,when remeasuring financial
Q10: When translating the financial statements of a
Q11: Exchange differences arising from translation to the
Q12: Under the translation method required by IAS
Q14: Exchange differences resulting from the translation of
Q23: When a parent entity has an overseas
Q24: The foreign exchange exposure of the parent
Q40: When consolidating financial statements of foreign operations,we