7 R 9 10 Iran export sale is denominated in the foreign currency, the exchange the domestic sciler b. domestic buyer foreign selle foreign buyer What is the effect of strengthening domestic currency on receivable and payable denominated in a foreign currency! painon both receivables and wales low on both receivables and payables Spain on receivables and a loss on payable alons o receivables and again on payables The awociation of two or more peos to carry on co-ower of business for profit forms a partnership corporation e government entity dall of the above When is the current rate method used in converting a forcim substiary's financial statements! a when the functional and local currency are the same when the reporting and local currency the same c. When the functional and reporting currencies are the same, but the books are kept in the local currency d. when the functional and reporting currencies are the same and the books are kept in the reporting currency Five of eight internally reported operating egents of Rollins Company qualify for segment reporting. However, the five identified sements do not meet the 75 percent revenue test Management should: subdivide segments until there are at least 10 reportable segments b. consolidate the remaining operating segments and include them under an "all other" category select additional operating segments until the 75% threshold is met d include the heading "corporate headquarters as an operating sement Adam, Bert, and Charles share profits and losses 4:32. When non-cash assets with a book value of S110,000 are sold for $70,000, Bert's share of the partnership loss is a $17.777 b. $12.000 c. $8,888 d. None of the above Form is the annual filing to the Securities and Exchange Commission made by companies whose securities are traded on one of the stock exchanges a 10-K b. 10-0 c. 8-K d. None of the above C 2 2