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NEW QUESTION: 1
March, CPA, is engaged by Monday Corp., a client, to audit the financial statements of Wall Corp., a
company that is not March's client. Monday expects to present Wall's audited financial statements with
March's auditor's report to 1st Federal Bank to obtain financing in Monday's attempt to purchase Wall. In
these circumstances, March's auditor's report would usually be addressed to:
A. Monday Corp., the client that engaged March.
B. Both Monday Corp. and 1st Federal Bank.
C. Wall Corp., the entity audited by March.
D. 1st Federal Bank.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. The auditors should address their report to the entity that engaged them. In this
case, Monday Corp. engaged the auditor to perform an acquisition audit and the report should be
addressed to Monday.
Choice "B" is incorrect. Wall Corp. did not engage the auditors and thus the report should not be
addressed to them.
Choices "C" and "D" are incorrect. Even though the bank will be relying on the audited financial statements
in determining whether to make the loan, the bank did not directly engage the auditing firm and
accordingly, the report should not be addressed to them.
NEW QUESTION: 2
If you are trying to find out if you have a load-based performance issue, which of the following metrics is significant in a virtual environment but, generally, not in a physical environment?
A. Physical CPU over-commitment, because of the VMkernel SMP scheduler
B. Idle VMs (when compared to their equivalent idle physical servers in a physical environment)
C. Application network throughput to a remote office
D. Physical RAM over-commitment, as VMware's hypervisor has technologies for dealing with this
Answer: B
NEW QUESTION: 3
HOTSPOT
You are developing an ASP.NET MVC application. The layout page of the application references the jQuery library. You develop a view that uses the layout page. The view includes the following markup:
The application includes the following class:
When a user clicks the button, an AJAX call must retrieve the partial view and append it to the newBooks div element.
You need to implement the AJAX request.
How should you complete the relevant code? To answer, select the appropriate code segment from each list in the answer area.
Answer:
Explanation:
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