A realised exchange difference arises:
A) when the exchange rate changes between initial recognition and cash settlement.
B) when the exchange rate changes between initial recognition and end of reporting period.
C) on remeasurement of a monetary liability at the end of the reporting period.
D) on initial recognition of a monetary asset.
Correct Answer:
Verified
Q1: A foreign exchange dealer using the direct
Q3: All of the following are examples of
Q4: The _ is a hedge of the
Q5: A decrease in the direct rate of
Q6: All of the following assets can be
Q7: All of the following are foreign currency
Q8: At the date of the transaction, a
Q9: The degree to which changes in the
Q10: Hedge effectiveness is ascertained from:
A) the hedge
Q11: All the following items are 'monetary items'
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