AASB 121 Requires the Translation of Financial Statements in Which

Multiple Choice

AASB 121 requires the translation of financial statements in which of the following circumstances?
i.if the domestic currency of the foreign operation is not the same as the functional
Currency of its parent
ii.if the functional currency of the foreign operation is not the same as the functional
Currency of its parent
iii.if the functional currency of the economic entity is not its presentation currency
iv.if the presentation currency of the economic entity is not its functional currency

A) i and ii
B) ii and iii
C) iii and iv
D) i and iii