As prescribed in AASB 121,when re-measuring financial statements of foreign operations to presentation currency,which of the following identifies all items to be re-measured at historic rates?
A) Cash, accounts receivable and accounts payable;
B) Inventory, goodwill, property plant and equipment;
C) Accounts payable, unearned revenue and note payable;
D) Gain on sale of non-current assets, dividend revenue and dividends paid;
E) None of the given answers.

Question

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The Answer of As prescribed in AASB 121,when re-measuring financial statements of foreign operations to presentation currency,which of the following identifies all items to be re-measured at historic rates?
A) Cash, accounts receivable and accounts payable;
B) Inventory, goodwill, property plant and equipment;
C) Accounts payable, unearned revenue and note payable;
D) Gain on sale of non-current assets, dividend revenue and dividends paid;
E) None of the given answers.

As Prescribed in AASB 121,when Re-Measuring Financial Statements of Foreign