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Which THREE of the following would determine the functional currency of an overseas subsidiary in accordance with IAS 21 The Effects of Changes in Foreign Exchange Rates?
A. The currency in which all non-current assets are purchased and recognised.
B. The currency in which operating receipts are retained.
C. The currency which principally influences selling prices for goods and services.
D. The currency which the parent company uses to present its financial statements.
E. The currency that mainly influences labour, material and other costs.
F. The currency which principally influences the choice of functional currency of the parent.
Answer: B,C,E
NEW QUESTION: 2
Which type of user within an organization is mostly likely to use the scenario modeling capabilities?
A. Business manager
B. IT manager
C. Executive
D. Business analyst
Answer: D
Explanation:
Reference:http://www-01.ibm.com/software/data/cognos/products/analysissoftware.html#scenariomodeling
NEW QUESTION: 3
An administrator tries to suspend an active job from the NetBackup Activity Monitor, but discovers that the
option is grayed out.
What is preventing the administrator from suspending the job?
A. Checkpoint restart is disabled
B. child jobs are still active
C. Multiplexing is enabled
D. the parent job is still active
Answer: A
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