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Suppose that the inflation rate for 2 0 1 9 is 0 . 3 5 . Also, for 2 0 2 0 is 0 .

Suppose that the inflation rate for 2019 is 0.35. Also, for 2020 is 0.50 and 0.40 for 2021. Is a corporation required to adjust its financial statements according to IFRS 29
a. True
b. False
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