Select the correct answer:
‘Transaction date’ for the purpose of IAS 21 is:
a.
The date on which the transaction first qualifies for recognition in accordance with IFRSs.
b.
When the goods are ordered by the buyer.
c.
When the goods are send free-on-board (FOB), the transaction date is the date on which goods are send FOB.
d.
Both (a) and (c) are correct.
e.
None of the above is correct.