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NEW QUESTION: 1
When a client company does not maintain its own stock records, the auditor should obtain written
confirmation from the transfer agent and registrar concerning:
A. The number of shares issued and outstanding.
B. Guarantees of preferred stock liquidation value.
C. Restrictions on the payment of dividends.
D. The number of shares subject to agreements to repurchase.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. When a client company does not maintain its own stock records, the auditor should
request the transfer agent and registrar to confirm the number of shares issued and outstanding.
Choice "A" is incorrect. Restrictions on the payment of dividends should be in the board minutes, or
possibly confirmed by the bank if the restrictions are due to outstanding loan(s).
Choice "C" is incorrect. Guarantees of preferred stock liquidation value should be in the board minutes or
the stock redemption agreement.
Choice "D" is incorrect. The number of shares subject to agreements to repurchase should be in the board
minutes and in any repurchase agreements.

NEW QUESTION: 2
Two sets of observations, A and B, each contain 160 observations. The variance of data in A equals
198.4 and that of the data in B equals 231.9. The two sets have the same mean. Then, A has a ______ dispersion and a ______ coefficient of variation.
A. lower; lower
B. higher; lower
C. lower; higher
Answer: A
Explanation:
The coefficient of variation equals the standard deviation divided by the mean. Since A and
B have the same mean, B has a higher coefficient of variation.

NEW QUESTION: 3
Your customer calls to report that he is seeing many cyclic redundancy check (CRC) errors on the FC-AL loop.
Which three commands would you use to determine the cause? (Choose three.)
A. fcadmin fcal_stats <adapter name>
B. fcstat link_stats <adapter name>
C. fcp stats <adapter name>
D. fcadmin link_stats
E. fcp status
Answer: A,B,C

NEW QUESTION: 4
Only Router-LSAs and Network-LSAs are involved in intra-area route calculations.
A. TRUE
B. FALSE
Answer: A