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Dividends Declared Are Translated into the Presentation Currency at The

Question 15

Multiple Choice

Dividends declared are translated into the presentation currency at the:


A) average exchange rate for the reporting period.
B) rates current when the dividends are declared.
C) rates current when the dividends are paid to the shareholders.
D) rates current when the shareholders approve the dividend at the company's annual general meeting.

Correct Answer:

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