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John Stuart Mill says, "It is better to be a human being dissatisfied than a pig satisfied; better to be Socrates dissatisfied than a fool satisfied." This sentiment is an indictment of the glutton but also a pat on the back for those who
IFRS
International Financial Reporting Standards, which are a set of accounting rules used globally to prepare and present financial statements.
Foreign Currency Transaction
A business operation involving the exchange of currencies from two different countries.
Spot Rate
The current market price at which a particular currency can be bought or sold for immediate delivery.
Receivable
Amounts owed to a company by its customers or debtors for goods or services delivered that have not yet been paid.
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