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:


Is the KJV from 1611 the only translation accepted by Mormons, or
are there other translations they accept, such as perhaps NKJV?
What Bible translations do Mormons use in countries where KJV does
not exist in local language, such as Sweden?
According to a 1992 statement by the First Presidency of the Church:

Many versions of the Bible are available today. Unfortunately, no original manuscripts of any portion of the Bible are available for comparison to determine the most accurate version. However, the Lord has revealed clearly the doctrines of the gospel in these latter-days. The most reliable way to measure the accuracy of any biblical passage is not by comparing different texts, but by comparison with the Book of Mormon and modern-day revelations.
While other Bible versions may be easier to read than the King James Version, in doctrinal matters latter-day revelation supports the King James Version in preference to other English translations. All of the Presidents of the Church, beginning with the Prophet Joseph Smith, have supported the King James Version by encouraging its continued use in the Church. In light of all the above, it is the English language Bible used by The Church of Jesus Christ of Latter-day Saints.

There are selections of the Bible translated by the prophet Joseph Smith, called the Joseph Smith Translation (JST), but this is not a separate translation of the KJV Bible, only corrections to some of the verses/passages. These are given in footnotes of the LDS edition of the scriptures, rather than as a separate book, because the number of changes is really quite small compared to the length of the full text of the Bible.
More information about the JST:

https://www.lds.org/scriptures/bd/joseph-smith-translation
https://history.lds.org/article/revelations-in-context-doctrine-and-covenants-joseph-smith-translation-bible?lang=eng