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NEW QUESTION: 1
Which of the following statements regarding the MPLS SWAP label operation is true?
A. All labels will be exchanged for an equal number of new labels.
B. The inner label will be exchanged with the MPLS outer label.
C. The outer label will be exchanged for a new label.
D. The inner label will be exchanged for a new label.
E. All labels will be exchanged for one new label.
Answer: C
NEW QUESTION: 2
For the past several years, Company S has invested in the ordinary stock of Company A.
Company S currently owns approximately 13% of the total of Company A's outstanding voting ordinary stock. Recently, management of the two companies have discussed a possible combination of the N.ro entities. If they do decide to combine, how should the resulting combination be accounted for?
A. Uniting of interests
B. Acquisition.
C. Part purchase part uniting of interests.
D. Joint venture
Answer: B
Explanation:
IFRS 3, Business Combinations, requires that all business combinations within its scope be accounted for using the acquisition method.
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CDCS-001 Exam Info
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CDCS-001 Exam Topics
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CDCS-001 Offcial Page
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