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Which of the following practices is not allowed by International Financial Reporting Standards? Use of the closing exchange rate for the translation of the statement
Which of the following practices is not allowed by International Financial Reporting Standards?
Use of the closing exchange rate for the translation of the statement of profit or loss of a foreign subsidiary
Accounting for incorporated joint ventures using the equity method.
Accounting for changes in accounting policy by restating comparatives and adjusting the prior year opening retained earnings
Recognising actuarial gains and losses in other comprehensive income
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