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NEW QUESTION: 1
Sarah plc has owned 100% of the ordinary share capital of Ulysses Ltd and Wally Ltd for many years. Ulysses Ltd operates in a country in Central Africa. In June 2013, civil war broke out in this country. Essential services have been severely disrupted and it has been impossible to communicate with local personnel for several months. This situation is unlikely to be resolved inthe near future. Wally Ltd is an insurance company. The rest of the group extracts and processes mineral ores.
In accordance with IAS 27 Consolidated and Separate Financial Statements and IFRS 3 Business Combinations which of these companies must be consolidated by Sarah plc at 31 December 2013?
A. Ulysses Ltd only
B. Wally Ltd only
C. Both Ulysses Ltd and Wally Ltd
D. Neither Ulysses Ltd nor Wally Ltd
Answer: B

NEW QUESTION: 2

A. Option A
B. Option D
C. Option C
D. Option B
Answer: B,D

NEW QUESTION: 3
In what situation must spanning-tree be implemented?
A. when a VLAN spans access layer switches to support business applications
B. when trunks need to extend multiple VLANs across access switches
C. when it is necessary to speed up network convergence in case of link failure
D. when first hop redundancy protocol exists with redundant Layer 2 links between distribution switches
Answer: D