alleryStart learning →Which area does Ind AS 21 leave to Ind AS 109?
AHedge accounting for FX items
BTranslation of subsidiary accounts
CChoice of the closing rate used
DDisclosure of exchange differences
Answer & Solution
Correct answer: A. Hedge accounting for FX items
Hedge accounting, including hedging a net investment, is outside Ind AS 21 and falls under Ind AS 109.
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