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AASB 121 Specifies That Post-Acquisition Movements in Equity Other Than

Question 27

Multiple Choice

AASB 121 specifies that post-acquisition movements in equity other than retained profits or accumulated losses are translated at


A) The 'spot rate'.
B) The 'forward rate'.
C) The 'market rate'.
D) The 'closing rate'.
E) None of the given answers

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