Which of These Is NOT Matched to the Correct Rate

question 7

Multiple Choice

Which of these is NOT matched to the correct rate when using the temporal method?

• A)Cost and depreciation of property,plant,equipment and intangible assets- date of acquisition
• B)Exchange differences- closing rate
• C)income and expense items- profit and loss
• D)monetary items- closing rate

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Definitions:

Budweiser

A popular American beer brand known for its lager.

Abductor Hallucis

A muscle in the foot that helps in the movement of the big toe away from the other toes.

Popliteus

A small muscle located at the knee joint, involved in unlocking the knee by rotating the tibia on the femur when the leg begins to bend.

Pyramidalis

A small triangular muscle located in the lower abdomen, thought to play a role in tensing the linea alba.