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Exchange rate (1)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Exchange rate (1)

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  • August 25, 2016 at 1:51 pm #335148
    Anuja Nair
    Member
    • Topics: 365
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    • ☆☆☆☆

    Hi sir, for a foreign currency receipt it doesnt matter wherher the company has surplus cash or don’t have any cash right ? Because at the end of the day they will be placed on deposit at the end right ?

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