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NEW QUESTION: 1
If a parent entity is to be exempt from preparing consolidated financial statements it needs to satisfy certain conditions according to IFRS 10 Consolidated Financial Statements.
Which TWO of the following are conditions that need to be satisfied to be exempt?
A. The ultimate parent of the parent entity publishes consolidated financial statements which are publicly available.
B. The parent entity has subsidiaries, one or more of which publishes consolidated financial statements.
C. The parent entity is itself a wholly owned subsidiary of another entity.
D. The parent 's investment in its subsidiaries are all below 100%.
E. The parent entity has no more than 10 subsidiaries or associated entities.
Answer: A,C

NEW QUESTION: 2
Which of the following functions is LEAST likely to be part of a cash manager's responsibilities?
A. Bank compensation
B. Long-term financing
C. Forecasting
D. Funds movement
Answer: B

NEW QUESTION: 3
Click on the exhibit.

Given the output, which of the following is the most accurate statement about the network?
A. There are five broadcast links and there are five point-to-point links.
B. It's not possible to say how many broadcast or point-to-point links there are.
C. There are five broadcast links and there are no point-to-point links.
D. There are five broadcast links. It's not possible to say how many point-to-point links there are.
Answer: D