According to IAS 21

question 44

Multiple Choice

According to IAS 21,

• A) a forward contract may be used to set the value of a nonmonetary asset whose purchase was hedged by the forward contract.
• B) a forward contract can hedge the value of a commitment but not a transaction.
• C) the current rate method may be used but not the temporal method.
• D) long-term monetary items may be translated at the historical rate.
• E) Two of the above.

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Definitions:

Hooking Up

Sexual encounters with a nonromantic partner, often a friend.

Erotophilic

describes an individual with a positive attitude towards sexuality and sexual activity.

Contraception

A rephrased definition: The use of various devices, drugs, or surgical procedures to prevent pregnancy.

Erotophilic

Referring to an attitude toward sexual activity that is positive, embracing sexual pleasure and diversity of sexual expressions.