According to IAS 29 Financial Reporting in Hyperinflationary Economies, the Term

Multiple Choice

According to IAS 29 Financial Reporting in Hyperinflationary Economies, the term "hyper-inflationary" means:

A) an annual inflation rate of 50%.
B) an annual inflation rate of 100%.
C) a cumulative inflation rate of 100% over a 3-5 year period.
D) it does not establish an absolute rate which is deemed to be hyper-inflation.