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NEW QUESTION: 1
The agreement by two or more independent competitors on the prices or fees that they will charge for services is known as:
A. Price fixing
B. Tying arrangements
C. Horizontal division of markets
D. Horizontal group boycott
Answer: A

NEW QUESTION: 2
Company.com has decided to use a Multi-functional Device (MFD) to scan to their file server via FTP.
Each department will have its own folder to scan to. What integration details should be documented?
A. Resolution, file type, and FTP server folder hierarchy
B. Back up system used, server OS, and client PC type
C. FTP server system used, protocol used, and document color space
D. Server OS, FTP server type, and hard disk array type
Answer: A

NEW QUESTION: 3
In accordance with IAS 16 Property, Plant and Equipment, in which of the following situations would subsequent expenditure on a non-current asset be capitalised?
A. A manufacturing entity closes its factory for two weeks each summer for routine maintenance and repairs. The current year's cost of maintenance and repairs was $62,000.
B. An entity's head office building suffered a major fire, the upper floors and roof were completely destroyed. The entity proposes to restore the building at a cost of $1 million and move back in to the building to use it as a head office again.
C. An entity purchased an aircraft five years ago, when its engines were separately identified in the accounting records. The engines now need to be replaced at a cost of $2 million each. When the engines are replaced the aircraft is expected to be airworthy for a further 5 years.
D. An entity's delivery vehicle was in a car park when the car park was flooded. The engine and interior of the vehicle needed extensive repair and renovation costing $25,000.
Answer: C