Answer
Based on the annual report, the transactions of M & S are solely reported in British pounds.
Work Step by Step
Based on the annual report, the transactions of M & S are solely reported in British pounds.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 1 - IFRS Insights - IFRS Concepts and Application - Instructions - Page 40: IFRS1-7d
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