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b. Describe the disclosure requirements of the restricted cash and cash equivalent balances. (5 Marks) c. IAS 7.25 requires cash flows arising from transactions in

b. Describe the disclosure requirements of the restricted cash and cash equivalent balances. (5 Marks) c. IAS 7.25 requires cash flows arising from transactions in a foreign currency to be recorded at the exchange rate between an entity's functional currency and the foreign currency at the date of the cash flow. Discuss in details. (5 Marks) (Grand Total 100%)image text in transcribed

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