1. A U. S. parent has a subsidiary in Singapore. If the parent's reporting currency is the U. S. dollar and the subsidiary's functional currency is the Singapore dollar, conversion of the subsidiary's accounts to U. S. dollars involves A. Both remeasurement and translation B. Only remeasurement C. Only translation D. No conversion to another currency

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?