In Translating the Accounts of a Foreign Operation from Functional

question 39

True/False

In translating the accounts of a foreign operation from functional to presentation currency,resulting exchange differences is recognised in other comprehensive income.

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Definitions:

Fair And Reasonable Explanation

A justification or reasoning that is impartial, just, and in accordance with logic or common sense.

Indirect Claim Message

A communication method used in business or professional settings to address a complaint or claim in a non-confrontational manner, often beginning with neutral or positive statements.

Invoice

A document issued by a seller to a buyer, detailing a transaction and requesting payment for products or services provided.

Negative News

Information or updates that convey adverse or undesirable messages, such as failures, losses, or unpleasant events.