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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 32: Accounting for Foreign Currency Transactions
  5. Question
    A Hedge Is Defined by AASB 139 as an Action
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A Hedge Is Defined by AASB 139 as an Action

Question 76

Question 76

True/False

A hedge is defined by AASB 139 as an action taken,whether by entering into a foreign currency contract or otherwise,with the objective of maximising the possible positive effects of movements in exchange rates.

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