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NEW QUESTION: 1
When a principal auditor decides to make reference to another auditor's examination, the principal
auditor's report should always indicate clearly, in the introductory, scope, and opinion paragraphs, the:
A. Magnitude of the portion of the financial statements examined by the other auditor.
B. Division of responsibility.
C. Name of the other auditor.
D. Disclaimer of responsibility concerning the portion of the financial statements examined by the other
auditor.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Reference to the division of responsibility should be made in the introductory, scope
and opinion paragraphs of the principal auditor's report.
Choice "A" is incorrect. The magnitude of the portion of the FS examined by the other auditor appears only
in the introductory paragraph.
Choice "B" is incorrect. The principal auditor is not disclaiming responsibility, just dividing it.
Choice "C" is incorrect. The name of the other auditor is generally not mentioned, but may be mentioned
with permission and if the other auditor's report is also presented. (Watch out for exclusive words such as
"always" or "never.")
NEW QUESTION: 2
You work as a Software Developer for ABC Inc. The company uses Visual Studio .NET 2005 as its application development platform. You create an application for the company. You need to validate the phone number passed to a class as a parameter in the application. Which of the following is the most effective way to verify that the format of the data matches a phone number?
A. Regular expressions
B. Nested If statements
C. Use the String.Length property
D. A try/catch block
Answer: A
NEW QUESTION: 3
A. Option C
B. Option D
C. Option B
D. Option A
Answer: A
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E-ACTCLD-23 Exam Info
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