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NEW QUESTION: 1
Which of the following statements would least likely appear in an auditor's engagement letter?
A. Fees for our services are based on our regular per diem rates, plus travel and other out-of-pocket
expenses.
B. After performing our preliminary analytical procedures we will discuss with you the other procedures we
consider necessary to complete the engagement.
C. Our engagement is subject to the risk that material errors or fraud, including defalcations, if they exist,
will not be detected.
D. During the course of our audit we may observe opportunities for economy in, or improved controls
over, your operations.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The auditor does not consult with the client about audit procedures that will be
performed.
Choice "A" is incorrect. Since the engagement letter serves as a contract between the auditor and client,
fee arrangements are typically disclosed in the letter.
Choice "B" is incorrect. A discussion regarding possible auditor suggestions is appropriate for inclusion in
an engagement letter.
Choice "C" is incorrect. The fact that audit risk exists and that an audit only provides reasonable assurance
of the detection of errors and fraud is typically disclosed in an engagement letter.
NEW QUESTION: 2
What are two reasons for creating a network location?(Choose two)
A. Session Manager uses the termination location of a caller to determine which dial patterns to look at when routing the call
B. Locations are used to limit the number of calls coming out of or going to a physical location
C. Locations are used to limit the number of users that may register to the Session Manager from a specific physical location
D. The location of a caller is used to determine which Session Manager will process the request
E. Session Manager uses the origination location of a caller to determine which dial patterns to look at when routing the call
Answer: B,E
NEW QUESTION: 3
Which statement is true about Capacity Magic outputs?
A. They are used to provide the number and size of drives.
B. They are used as an input into Disk Magic.
C. They are used to determine the overall performance of a solution.
D. They are input directly into eConfig.
Answer: C
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