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NEW QUESTION: 1
Consolidated financial statements are typically prepared when one entity has a majority voting interest in another unless:
A. The subsidiary is a financial institution.
B. The fiscal year-ends of the two entities are more than 3 months apart.
C. Control does not rest with the majority owners.
D. The two entities are in unrelated industries, such as manufacturing and real estate.
Answer: C
Explanation:
Consolidation normally is required when one entity owns, directly or indirectly, more than 50% of the outstanding voting interests of another entity. However, a majority owned subsidiary is not consolidated if control does not rest with the majority owners.

NEW QUESTION: 2
A company is launching a dynamic website, and the Operations team expects up to 10 times the traffic on the launch date. This website is hosted on Amazon EC2 instances and traffic is distributed by Amazon Route 53. A Solutions Architect must ensure that there is enough backend capacity to meet user demands. The Operations team wants to scale down as quickly as possible after the launch.
What is the MOST cost-effective and fault-tolerant solution that will meet the company's customer demands? (Choose two.)
A. Create an Amazon CloudWatch alarm to send an email through Amazon SNS when EC2 instances experience higher loads
B. Use Amazon CloudFront to cache the website content during launch and set a TTL for cache content to expire after the launch date
C. Create an AWS Lambda function to monitor website load time, run it every 5 minutes, and use the AWS SDK to create a new instance if website load time is longer than 2 seconds
D. Set up an Application Load Balancer to distribute traffic to multiple EC2 instances
E. Set up an Auto Scaling group across multiple Availability Zones for the website, and create scale- out and scale-in policies
Answer: D,E

NEW QUESTION: 3

A. Option C
B. Option A
C. Option D
D. Option E
E. Option B
Answer: E