1、How should an acquisition or disposal of a subsidiary be disclosed in a group statement of cash flows?
A. A note to the statement of cash flows should show a summary of the effects of acquisitions and disposals of subsidiaries， indicating how much of the consideration comprised cash.
B. It need not be disclosed at all.
C. A note to the statement of cash flows showing a breakdown of all the cash flows relating to the subsidiary.
D. On the face of the statement of cash flows， giving an analysis of all the cash flows relating to the subsidiary.
2、Which one or more of the following statements is correct regarding the restatement of foreign currency assets and liabilities in the financial statements of a single entity at the reporting date?
A. Non-monetary assets and liabilities should not be restated.
B. Monetary assets and liabilities should be restated at the average rate for the period.
C. Monetary assets and liabilities should be restated at the closing rate.
D. Non-monetary assets and all long term liabilities should not be restated.
The other two options are hence incorrect， review IAS 21 if you are unsure of the proper accounting treatment.