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NEW QUESTION: 1
The IV Group is formed of I Ltd and its subsidiary company V Ltd. I Ltd purchased 67% of V Ltd's ordinary share capital on 31 March 20X3.
The purchase cost I Ltd £129,000. At the date of purchase V Ltd's net assets were £155,000 while its share capital was £37,000. NCI fair value on the date of acquisition was £31,000.
What was the amount of goodwill I Ltd paid as part of the acquisition. Calculate this figure using both the proportion of net assets method and the full good will method for valuing the non-controlling interest.
A. Full goodwill method = £25,150
B. Full goodwill method = £57,000
C. Proportion of net assets method = £25,150
D. Proportion of net assets method = £5,000
E. Full goodwill method = £5,000
F. Proportion of net assets method = £77,150
Answer: C,E

NEW QUESTION: 2
What is SLC?
A. Standard level contracts
B. Standard level configuration
C. Service level contracts
D. Service level configuration
Answer: C

NEW QUESTION: 3
What represents a direct cost of downtime when an outage occurs in the data center?
A. Revenue streams are slowed or stopped.
B. Software needs to be upgraded to latest versions.
C. Data center personnel need to be retrained.
D. Brand perception is damaged.
Answer: A