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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 32: Accounting for Foreign Currency Transactions
  5. Question
    AASB 121 Defines an Exchange Rate as a Ratio for the Exchange
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AASB 121 Defines an Exchange Rate as a Ratio for the Exchange

Question 37

Question 37

True/False

AASB 121 defines an exchange rate as a ratio for the exchange of two currencies at a particular time.

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