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Supporting Cisco Collaboration Devices

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Back plc has one associated company, Beyond Ltd, in which Back plc holds 40% of the issued 100,000 $1 ordinary shares. The financial controller of Back plc is unsure how the following transactions should be reflected in the consolidated statement of cash flows and has asked you to confirm the overall impact.
1)In the previous accounting period, Back plc had made a cash advance of $100,000 to Beyond Ltd. During the current accounting period, Beyond Ltd repaid $30,000 of this cash advance.
2)During the current accounting period, Beyond Ltd sold an item of property, plant and machinery at its carrying amount for $20,000 cash.
3)During the current accounting period, Beyond Ltd paid a dividend of 20c per share.
In accordance with IAS 7 Statement of Cash Flows, what is the impact of the above cash transactions on Back plc's consolidated statement of cash flows for the current accounting period?
A. Cash from sale of associate's plant $20,000; dividend paid by associate $20,000
B. Cash from repayment of cash advance from associate $30,000; cash from sale of associate's plant $20,000
C. Dividend received from associate $8,000
D. Cash from repayment of cash advance from associate $30,000; dividend received from associate $8,000
Answer: D

A Consultant for Cloud Kicks notices that the Deploy date for the Sales Cloud project is also the same weekend of a Salesforce release. What should the Consultant recommend?
A. Stop all work because the impact of the Salesforce release is unknown
B. Complete the project sooner and push before the Salesforce release
C. Update the project plan for the following week and communicate the change
D. Let Cloud Kicks know that there is a Salesforce release and that it may take longer
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Which value of enterprise architecture is true?
A. They describe how business outcomes are defined.
B. They outline how business priorities are reached.
C. They describe the arrangement of products to deliver a business outcome.
D. They provide an overall view of a given problem.
Answer: D

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