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NEW QUESTION: 1
Which of the following matters would an auditor most likely communicate to those charged with
governance?
A. A list of negative trends that may lead to working capital deficiencies and adverse financial ratios.
B. The level of responsibility assumed by management for the preparation of the financial statements.
C. Difficulties encountered in achieving a satisfactory response rate from the entity's customers in
confirming accounts receivables.
D. The effects of significant accounting policies adopted by management in emerging areas for which
there is no authoritative guidance.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The auditor should communicate the initial selection of, and changes in, significant
accounting policies to those charged with governance.
Choice "A" is incorrect. Negative trends and adverse financial ratios are evaluated by an auditor when
considering an entity's ability to continue as a going concern. These trends and ratios are not required to
be communicated to those charged with governance.
Choice "B" is incorrect. The auditor's communications to those charged with governance include the level
of responsibility that the auditor is assuming regarding matters of interest to those charged with
governance, not the level of responsibility assumed by management.
Choice "C" is incorrect. The auditor is required to inform the audit committee about difficulties encountered
with management during the audit. Difficulties encountered in achieving a satisfactory response rate from
the entity's customers in confirming accounts receivables generally would not be communicated to those
charged with governance, since such difficulties are not related to management.

NEW QUESTION: 2
Section A (1 Mark)
A bank is considering making a loan to Sandeep Hunjan. Sandeep owns his own home and has lived there for the past four years. What aspect of evaluating a consumer loan application is this fact most concerned with?
A. Deposit balance
B. Employment and residential stability
C. Pyramiding of debt
D. Character and purpose
Answer: B
Explanation:
Section C (4 Mark)
Mr. Vinay, aged 36 years is working in a company, at a managerial level, and has an income of Rs. 40,000 p.m. comprising of Basic salary and DA as on 31/03/2008. His other allowances amount to Rs. 18,000 p.m. He would retire at the age of 60 years. His wife Reena, aged 32 years, is working in a High School and has a post-tax income of Rs. 2,76,000 per annum. Mr. and Mrs. Vinay have two daughter Deepika, aged 10 years

and Rekha, aged 5 years.
Mr. Vinay's father died of heart attack, 5 months back, at the age of 72 years, leaving a house (Value as on date Rs. 30 lakh) in which Vinay is staying at present and other assets worth Rs. 20 lakh (shares of large cap companies worth Rs. 10 lakh, Fixed deposit in post office of Rs. 5 lakh and Bank FD of Rs. 5 lakh) in Vinay's mother's name. His mother 63 years old is disabled and fully dependent on Vinay, he being the only child of his parents. Vinay has to keep an attendant for his mother, round the clock.
The Assets of the Couple are:
1.Cash in HandRs. 18,000
2.Bank balanceRs. 40,000 (Vinay) Rs. 25,000 (Reena)
3.JewelleryRs. 400000 (Reena)
4.Money Market Mutual FundRs. 3,00,000 (Vinay)
5.Shares
?ICICI Bank 200 shares bought at Rs. 1000 per share,
?Infosys 150 shares bought at Rs. 1700 per share
?Reliance Communication 350 shares bought at Rs. 350 share.
6.Debt oriented mutual FundsRs. 2,00,000
7.PPFRs. 5,00,000 (Vinay), Rs. 4,00,000 (Reena)
8.House in the joint name of Vinay and Reena with 50% ownership of each. This house has two floors and is let out for Rs. 9,000 pm for each of the floors. Present value of this house is Rs. 60,00,000.
Vinay and Reena had taken a housing loan of Rs. 15,00,000 each. Of this Rs. 10,00,000 is pending on each name. They are presently paying an EMI of Rs. 20,000 each, Rate of interest being 10.75% p.a.
The Retirement Benefits of Vinay after 15 years hence, are expected to be as follows:
Vinay has taken a term insurance of Rs. 30 lakh for 20 years, which is expiring 5 years from now. He has no other insurance. Vinay's monthly household/ living expenses are Rs. 50,000. This excludes EMI on loans but includes all other expenses including expenses on his mother's care.
Vinay expects Deepika to get married 12 years hence for which likely expenditures in today's term is 15 lakh.
Vinay's salary is likely to grow at 7% pa and Reena's salary is likely to grow at 6% p.a. Risk free rate of interest is 8% pa and inflation is 6% p.a. Long term growth on Equity/Equity based MF is taken as 15% p.a.

NEW QUESTION: 3
Amazon SQS遅延キューは何を達成しますか?
A. メッセージは、キューから消費された後、構成可能な期間非表示になります。
B. コンシューマーは、メッセージを取得する前に、構成可能な時間キューをポーリングできます。
C. メッセージは、最初にキューに追加されたときに、構成可能な期間非表示になります。
D. メッセージがキューから消費された後、設定可能な時間はメッセージを削除できません。
Answer: C
Explanation:
Reference:
https://docs.aws.amazon.com/AWSSimpleQueueService/latest/SQSDeveloperGuide/sqs-delayqueues.html


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