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Hello Sir,
In the example shared in video https://www.youtube.com/watch?v=F3qmiTIf96U, the cost was 400,000 Dinars. If that changed to 400,100 at the time of payment then the difference of 100 will also be multiplied by the exchange rate of 4.4.
Where does this variance go to, is it the same P/L account ?Thanks.
You need to ask in the relevant CIMA forum https://opentuition.com/forum/ask-cima-tutor-forums
This forum is for non-exam specific questions for the ACCA qualification.
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