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Which of the Following Items Is Within the Scope of AASB

Question 2

Multiple Choice

Which of the following items is within the scope of AASB 112 "The effects of changes in foreign exchange rates"?


A) Translation of cash flows from foreign operations;
B) Presentation in a statement of cash flows of the cash flows arising from transactions in a foreign currency;
C) Hedge accounting for hedging a net investment in a foreign operation;
D) Presentation of an entity's financial statements in a foreign currency;
E) None of the given answers.

Correct Answer:

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