Which of the following best explains the difference between the currency conversion difference account1and conversion difference account2?

Question

Options

• AConversion difference account1 is used for Method 1 currency conversion and account2 is used
• BConversion difference account1 is used if the BS/PL reserve account is non-integrated; account2
• CConversion difference account1 is used to book positive currency conversion; account2 is used to
• DConversion difference account1 is often the unrestricted reserves account and account2 the

• A
  6% (1)
• B
  11% (2)
• C
  83% (15)

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