PAS 29 FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES

1.In a hyperinflationary economy, these items remain the same (not restated) regardless of the
change in the general price level.
a. Monetary assets only
b. Monetary assets and liabilities
c. Non-monetary assets and liabilities
d. Monetary and non-monetary assets and liabilities

2.

ANSWER KEY:
1. B
2.