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NEW QUESTION: 1
Management of Eva Industries, an issuer as defined under the Sarbanes-Oxley Act, believes it has
eliminated a material weakness previously noted in its assessment of internal control, and has hired
Henna and Company, CPAs, to attest to the improvements in internal control. Which of the following is true
of this engagement?
A. It is required by generally accepted auditing standards.
B. Eva's management must provide a written report to accompany Henna and Company's report.
C. It is only required if Eva Industries elects to have an audit in accordance with PCAOB standards.
D. It is required by PCAOB standards.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Eva's management must provide a written report to accompany Henna and
Company's report.
Choices "A" and "D" are incorrect. An engagement to report on whether a previously reported internal
control weakness continues to exist is a voluntary engagement, not required by professional standards.
Choice "B" is incorrect. An engagement to report on whether a previously reported internal control
weakness continues to exist is a voluntary engagement, not required by professional standards. In
addition, as an issuer, Eva must have an audit in accordance with PCAOB standards.

NEW QUESTION: 2
You are the business analyst for your organization. You are currently identifying opportunities for a customer to improve their business processes. The customer wants to streamline their business efforts either through new technologies, better processes, or a combination of both. The customer demands, however, that the solution should not cost more than $300,000 to implement and support for one year.
What does the $300,000 represent?
A. Budget
B. Constraint
C. Requirements
D. Solution cost
Answer: B
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3


Answer:
Explanation:

Explanation