Question: The difference between the spot rate and the forward rate is called a premium when the forward rate is more expensive than the spot rate.
The difference between the spot rate and the forward rate is called a premium when the forward rate is more expensive than the spot rate.
True
False
Under IFRS, current assets are usually listed in reverse order of liquidity.
True
False
Under IFRS inventory write downs can not be reversed.
True
False
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