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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 33: Translating the Financial Statements of Foreign Operations
  5. Question
    In Translating the Accounts of a Foreign Operation from Functional
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In Translating the Accounts of a Foreign Operation from Functional

Question 39

Question 39

True/False

In translating the accounts of a foreign operation from functional to presentation currency,resulting exchange differences is recognised in other comprehensive income.

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