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IAS 21 presentation and functional currency

Hhuma3y ago
Sir translation of financial statement is necessary if the subsidiary has a functional currency other than the presentation currency of parent co OR translation of financial statement is necessary if the subsidiary has a functional currency other than the functional currency of parent co? Which statement is correct and appropriate?
stephenwidbergstephenwidbergTutor3y ago#1
I would write the FIRST statement. :)
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