Under the Former AASB 1012 There Were Two Methods of Translation

question 35

True/False

Under the former AASB 1012 there were two methods of translation of the accounts of foreign operations; the method being used being dependent upon the whether these operations are integrated or self-sustaining:

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Definitions:

Operational Definition

A clear, precise description of a variable or condition in terms of the operations or techniques used to measure or manipulate it.

Theory

A coherent group of tested general propositions, commonly regarded as correct, that can be used as principles of explanation and prediction for a class of phenomena.

Operational Definition

A specific description of a concept in terms of the operations or procedures used to measure or identify it.

Testable Hypotheses

Statements made as predictions that can be confirmed or refuted through scientific experiments or observations.