As Prescribed in AASB 121,when Remeasuring Financial Statements of Foreign

Multiple Choice

As prescribed in AASB 121,when remeasuring financial statements of foreign operations to functional currency,which of the following identifies all items to be re-measured at historic rates?

A) cash, inventory and accounts receivable
B) payables, long-term loan and unearned revenue
C) inventory, goodwill, property plant and equipment
D) accounts receivable, accounts payable and accrued expenses