Since fixed assets and inventory are usually carried at historical costs,
A)the temporal method and the monetary/nonmonetary methods will typically provide the same translation.
B)the current rate method and the monetary/nonmonetary methods will typically provide the same translation.
C)the temporal method and the current/noncurrent methods will typically provide the same translation.
D)none of the options

Question

Quizplus · Accepted Answer

The temporal method and the monetary/nonmonetary methods both translate non-monetary items like fixed assets and inventory at historical costs, leading to similar translation results.

Since Fixed Assets and Inventory Are Usually Carried at Historical