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    Exam 23: Translation of Foreign Currency Statements
  5. Question
    Under AASB 121 When an Entity Gains Control of a Foreign
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Under AASB 121 When an Entity Gains Control of a Foreign

Question 10

Question 10

True/False

Under AASB 121 when an entity gains control of a foreign operation, the amount of the goodwill is measured in the functional currency of the foreign operation, not the functional currency of the parent.

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