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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Effect of changes in foreign exchange rates
Hi Sir
In question Toobasco of Bpp kit they have added the loss on effect of chnages in foreign exchange rates
In operating activities of $28M
Why have they added it ?
Shouldnt it be deducted in investing activities ?
The XD are NOT A CASH FLOW.
So they should not have been included in the CFS at all.
So the exam solution is correcting the error by adding them back.