AASB 121 Requires the Translation of Financial Statements in Which

question 1

Multiple Choice

AASB 121 requires the translation of financial statements in which of the following circumstances?
I.if the domestic currency of the foreign operation is not the same as the functional
currency of its parent
ii) if the functional currency of the foreign operation is not the same as the functional currency of its parent
iii) if the functional durrency of the econornicentity is not its presentationcurrency
iv) if the presentationarrency of the econornicentity is not its functional currency

• A) i and ii
• B) ii and iii
• C) iii and iv
• D) i and iii

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The legally authorized killing of someone as punishment for a crime.

Settling Argument

The process of resolving a disagreement or dispute through discussion or negotiation.

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The act of persistently following, watching, or contacting someone in a way that is invasive, threatening, or causes fear for one's safety.