The following assets of Poole Corporation's Romanian subsidiary have been converted into U$.$S$.$ dollars at the following Accounts representing an allowance for uncollectible accounts are converted into U$.$S$.$ dollars at:

Select one:

a$.$ historical rates when the U$.$S$.$ dollar is the functional currency.

b$.$ current rates only when the U$.$S$.$ dollar is the functional currency.

c$.$ historical rates regardless of the functional currency.

d$.$ current rates regardless of the functional currency.

exchange rates:

Assume the functional currency of the subsidiary is the U$.$S$.$ dollar and the books are kept in a different currency. The assets

should be reported in the consolidated financial statements of Poole Corporation and Subsidiary in the total amount of:

Select one:

a$.$ $$2,325,000.$

b$.$ $$2,350,000.$

c$.$ $$2,375,000.$

d$.$ $$2,650,000.$

Which of the following assets and$/$or liabilities are considered monetary?

Select one:

a$.$ Intangible Assets and Plant, Property, and Equipment

b$.$ Bonds Payable and Common Stock

c$.$ Cash and Accounts Payable

d$.$ Notes Receivable and Inventories carried at cost