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Which of the Following Is NOT a Characteristic Which Is

Question 4

Multiple Choice

Which of the following is NOT a characteristic which is indicative of hyperinflation under IAS 29?


A) The cumulative inflation rate over a three-year period is 75% or higher.
B) Interest rates, wages, and prices are linked to a price index.
C) The price of credit sales includes a "buffer" to compensate for the expected loss in purchasing power over the credit period.
D) The general population thinks about prices in terms of a stable foreign currency, and prices may actually be quoted in that currency.

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