Distributions from Retained Profits Are Translated at

question 20

Multiple Choice

Distributions from retained profits are translated at

• A) The 'spot rate'.
• B) The rates current at the reporting date.
• C) The rates current at the dates when the retained profits were created.
• D) The rates current at the dates when the distributions were first proposed.
• E) The rates current at the dates when the distributions were made.

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