What Bible translations are accepted by Mormons?

A comment to another question that I had asked said that the LDS does not accept the NIV as a correct translation. Based on that comment it seems that they only accept King James Version (KJV) which, according to the Wikipedia article , is also known as King James Bible or Authorized Version. **The questions I would like ask are:** 1. Is the KJV from 1611 the only translation accepted by Mormons, or are there other translations they accept, such as perhaps NKJV? 2. What Bible translations do Mormons use in countries where KJV does not exist in local language, such as Sweden?