As Prescribed in AASB 121,when Re-Measuring Financial Statements of Foreign

Multiple Choice

As prescribed in AASB 121,when re-measuring 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;
E) None of the given answers