Direct Method

Question 1

a) Explain the differences between the presentation of cash flows from operating activities under the direct method and their presentation under the indirect method?
b) The following information has been provided in relation to SWA PLC
Additional Information,
  •  During the year, the company raised its capital employed using debt and equity capital
  •  Plant with carrying amount of Rs 680,000 (cost Rs 800,000, and accumulated depreciation Rs120,000) was sold .
  •  Dividend declared during the year were Rs1400,000
  •  Discount allowed during the year was Rs 100,000. This was included in other expenses and receivables.
  •  The whole sale is made on credit basis and 50% of the purchases are on cash basis.
Required:
Prepare a Statement of Cash Flows for the year ended 31st March 2016using direct method, in accordance with LKAS 7
Question 2
Fog computing.
Write a research assignment that addresses the following aspects of cloud computing:
1. Definition of Fog Computing. Provide a definition of fog computing and any other terms used in Fog computing.
2. Fog Computing Architecture. Described the layers in a fog computing architecture.
3. Three scenarios that can benefit from Fog Computing. Describe each scenario as a sub section.
4. Security aspects of Fog Computing. Describe some of the security issues that exists in fog computing.
5. Implementation of Fog Computing. Describe at least one real-world implementation that used fog computing.
6. Conclusion

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