Which of the Following Statements Is Not True

question 88

Multiple Choice

Which of the following statements is not true?

• A)In a typical two-tier client server system, the server handles both application and database duties.
• B)Client computers are responsible for presenting data to the user and passing user input back to the server.
• C)In three-tier client server architecture, one tier is for user presentations, one is for database and applications, and the third is for Internet access.
• D)The database and application functions are separate in the three-tier model.

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Definitions:

Fair Value

The amount one would expect to receive from selling an asset or the cost to transfer a liability in a smooth transaction among market players on the date of valuation.

Non-Controlling Interest (NCI)

The portion of equity ownership in a subsidiary not attributable to the parent company, reflecting the minority shareholders' share of the subsidiary's net assets and profits.

Statement Of Financial Position

A financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time, also known as a balance sheet.

IFRS 3

An International Financial Reporting Standard that deals with the accounting treatment for all business combinations.