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    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 33: Translating the Financial Statements of Foreign Operations
  5. Question
    When Consolidating Financial Statements of Foreign Operations,we Use the Same
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When Consolidating Financial Statements of Foreign Operations,we Use the Same

Question 40

Question 40

True/False

When consolidating financial statements of foreign operations,we use the same rate each year for goodwill,so that the amount recognised on consolidation will not fluctuate from year to year.

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