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All of the Following Are Foreign Currency Transactions for a Company

Question 17

Multiple Choice

All of the following are foreign currency transactions for a company that has A$ as its functional currency, except:


A) goods sold at prices denominated in Japanese Yen.
B) inventory sold to a customer in Hong Kong who pays in A$.
C) borrowing funds where amounts are payable in NZ$.
D) equipment sold at prices denominated in pounds.

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