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4 Discuss why a company that is not part of a group might decide to translate its financial statements into a presentation currency. 5 Explain

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4 Discuss why a company that is not part of a group might decide to translate its financial statements into a presentation currency. 5 Explain why exchange differences might appear in other comprehensive income. 6 How does the treatment of changes in foreign exchange rates relate to the prudence and accruals concepts

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