The Following Is an Extract from the 'Notes to the Accounts

question 17

Multiple Choice

The following is an extract from the 'Notes to the Accounts' explaining the foreign currency translation reserve. What are the rates represented by (a) and (b) ?

• A) (a) Current; (b) Spot.
• B) (a) Historical; (b) Current.
• C) (a) Current; (b) Historical.
• D) (a) Spot; (b) Current.
• E) (a) Forward; (b) Historical.

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Definitions:

Wall Muscles

Muscle groups found in the wall of body cavities, such as the abdominal muscles which support and contain the organs of the abdomen.

Outermost Layer

The outermost layer refers to the surface or external layer of an object or body, which is directly exposed to the environment.

Iliac Crest

The curved upper border of the ilium, the largest bone of the pelvis, important as a landmark for various surgical and clinical procedures.

Quadratus Lumborum

A muscle in the lower back on either side of the lumbar spine that helps in bending the trunk sideways.