In assessing whether a currency is exchangeable into another, which statements are correct? More than one answer.Your answerAA currency is exchangeable if the entity is able to get the other currency with no more than a normal administrative wait, on a market or through an exchange mechanism where the deal would give rise to enforceable rights and obligations.BA currency becomes non-exchangeable as soon as the official rate is unfavourable to the entity.CA currency is not exchangeable if the entity can obtain only an insignificant amount of it.DExchangeability is assessed at the measurement date and for a specified purpose.SubmitHint