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NEW QUESTION: 1
Ant plc purchased 80% of Pillar Ltd's ordinary shares on 1 July 2010 for $2,360,000 when the fair value of Corfu Ltd's net assets was $2,240,000.
As at 30 June 2012 Ant plc hadrecognizedimpairments in respect of goodwill arising on the acquisition of Pillar Ltd amounting to $100,000.
On 30 June 2013, Ant plc sold all its shares in Pillar Ltd for $3,600,000. The net assets of Pillar Ltd were $3,310,000 at the date of disposal.
What is the profit on disposal of the shares in Pillar Ltd which should be included in the consolidated income statement of Ant plc for the year ended 30 June 2013?
A. $270,000
B. $952,000
C. $484,000
D. $384,000
Answer: C

NEW QUESTION: 2
Where parties do not have a shared secret and large quantities of sensitive information must be passed, the most efficient means of transferring information is to use Hybrid Encryption Methods. What does this mean?
A. Use of software encryption assisted by a hardware encryption accelerator.
B. Use of elliptic curve encryption.
C. Use of public key encryption to secure a secret key, and message encryption using the secret key.
D. Use of the recipient's public key for encryption and decryption based on the recipient's private key.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
For large quantities of sensitive information, symmetric key encryption (using a secret key) is more efficient.
Public key cryptography uses two keys (public and private) generated by an asymmetric algorithm for protecting encryption keys and key distribution, and a secret key is generated by a symmetric algorithm and used for bulk encryption. Then there is a hybrid use of the two different algorithms: asymmetric and symmetric. Each algorithm has its pros and cons, so using them together can be the best of both worlds.
In the hybrid approach, the two technologies are used in a complementary manner, with each performing a different function. A symmetric algorithm creates keys used for encrypting bulk data, and an asymmetric algorithm creates keys used for automated key distribution.
When a symmetric key is used for bulk data encryption, this key is used to encrypt the message you want to send. When your friend gets the message you encrypted, you want him to be able to decrypt it, so you need to send him the necessary symmetric key to use to decrypt the message. You do not want this key to travel unprotected, because if the message were intercepted and the key were not protected, an evildoer could intercept the message that contains the necessary key to decrypt your message and read your information. If the symmetric key needed to decrypt your message is not protected, there is no use in encrypting the message in the first place. So we use an asymmetric algorithm to encrypt the symmetric key. Why do we use the symmetric key on the message and the asymmetric key on the symmetric key?
The reason is that the asymmetric algorithm takes longer because the math is more complex. Because your message is most likely going to be longer than the length of the key, we use the faster algorithm (symmetric) on the message and the slower algorithm (asymmetric) on the key.
Incorrect Answers:
B: For large quantities of sensitive information, symmetric key encryption (using a secret key) is more efficient. Using public and private keys for encryption and decryption is asymmetric key encryption.
C: Software encryption is not an answer on its own. We need to determine what type of software encryption to use.
D: Elliptical curve cryptography (ECC) is a public key encryption technique. Symmetric key encryption is more efficient for large amounts of data.
References:
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, 2013, p. 793

NEW QUESTION: 3
Which of the following are considered among the BEST indicators that a received message is a hoax? (Choose two.)
A. Warnings of monetary loss to the receiver
B. Minimal use of uppercase letters in the message
C. No valid digital signature from a known security organization
D. Embedded URLs
E. Claims of possible damage to computer hardware
Answer: C,D

NEW QUESTION: 4
You are designing an EBGP IP fabric for a multi-side data center.
In this scenario, which two statements are true? (Choose two.)
A. Different AS numbers should be used on all devices.
B. Public AS numbers must be used
C. Private AS numbers can be used.
D. The same AS number should be used on all devices across all data centers.
Answer: A,C