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NEW QUESTION: 1
Which of the directory must contain master data on all the banks that you require for payment transactions with your business partners ?
A. Supplier
B. Hierarchy Node
C. Bank Directory
D. Invoice
Answer: C

NEW QUESTION: 2
A successor auditor most likely would make specific inquiries of the predecessor auditor regarding:
A. Specialized accounting principles of the client's industry.
B. Disagreements with management as to auditing procedures.
C. The competency of the client's internal audit staff.
D. The uncertainty inherent in applying sampling procedures.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Inquiries should include specific questions regarding, among other things, facts that
might bear on the integrity of management; disagreements with management as to accounting principles,
auditing procedures, or other similarly significant matters; communications with those charged with
governance regarding fraud, illegal acts, and matters relating to internal control; and the predecessor's
understanding as to the reasons for the change of auditors.
Choice "A" is incorrect. Specialized industry accounting principles might be discussed; however, the
successor would be more likely to inquire about items specific to the client.
Choice "B" is incorrect. The competency of the client's internal audit staff might be discussed; however,
inquiries of the predecessor auditor regarding the staff are not required.
Choice "C" is incorrect. The uncertainty in applying sampling procedures is not something that is typically
discussed with the predecessor auditor.

NEW QUESTION: 3

A. Option D
B. Option B
C. Option C
D. Option A
Answer: C
Explanation:
Explanation
Section: Security Operations

NEW QUESTION: 4
Once a default value has been displayed in a window, a user can still override the value.
A. True
B. False
Answer: A


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MB-240 Exam Topics

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MB-240 Offcial Page

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Schedule the MB-240 Exam

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