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Under AASB 121, a foreign currency transaction shall be : Select one: a. Recorded on initial recognition in the foreign currency. b. Recorded on initial

Under AASB 121, a foreign currency transaction shall be :

Select one:

a. Recorded on initial recognition in the foreign currency.

b. Recorded on initial recognition in the functional currency.

c. Recorded on initial recognition in the local currency.

d. Recorded on initial recognition in the presentation currency.

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