In AS 11 Foreign operation is ........

Accountancy (Phase -I & II) Accounting standards

In AS-11, Foreign operation is...........

the exchange rate at the balance sheet date

a currency other than the reporting currency of an enterprise.

is a subsidiary , associate , joint venture or branch of the reporting enterprise, the activities of which are based or conducted in a country other than the country of the reporting enterprise.

None of these

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Explanation:

In AS-11, Foreign operation is a subsidiary , associate , joint venture or branch of the reporting enterprise, the activities of which are based or conducted in a country other than the country of the reporting enterprise.