alleryStart learning →Which profit or loss exchange difference disclosure is required?
AOnly hedge differences
BAll except FVTPL ones
COnly above Rs 1 crore
DNet retained earnings
Answer & Solution
Correct answer: B. All except FVTPL ones
Entities disclose exchange differences in profit or loss, except those on instruments measured at fair value through profit or loss.
Keep practising Ind AS 21 The Effects of Changes in Foreign Exchange Rates
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Related questions
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