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NEW QUESTION: 1
Snow, CPA, was engaged by Master Co., a nonissuer, to examine and report on management's written
assertion about the effectiveness of Master's internal control over financial reporting. Snow's report should
state that:
A. The purpose of the engagement is to enable Snow to plan an audit and determine the nature, timing,
and extent of tests to be performed.
B. Because of inherent limitations of any internal control, errors or fraud may occur and not be detected.
C. The results of Snow's tests will form the basis for Snow's opinion on the fairness of Master's financial
statements in conformity with GAAP.
D. Management's assertion is based on criteria established by the American Institute of Certified Public
Accountants.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. The practitioner's report should include a paragraph stating that because of the
inherent limitations of any internal control, errors and fraud may occur and not be detected.
Choice "B" is incorrect. The examination is performed in accordance with standards established by the
AICPA, but management's assertion may be based on criteria established by some other recognized
body.
Choice "C" is incorrect. An examination (an attestation engagement) of management's assertion on the
effectiveness of an entity's internal control over financial reporting does not provide a sufficient basis for an
opinion on the fairness of the financial statements.
Choice "D" is incorrect. An examination of management's assertion on the effectiveness of an entity's
internal control over financial reporting is performed solely to report on that assertion, and not to plan an
audit.
NEW QUESTION: 2
A. 2004:1:25A4:886F::1
B. 2001:0000:130F::099a::12a
C. 2002:7654:A1AD:61:81AF:CCC1
D. FEC0:ABCD:WXYZ:0067::2A4
Answer: A
Explanation:
Explanation
IPv6 Address Notation
IPv6 addresses are denoted by eight groups of hexadecimal quartets separated by colons in between them.
Following is an example of a valid IPv6 address: 2001:cdba:0000:0000:0000:0000:3257:9652 Any four-digit group of zeroes within an IPv6 address may be reduced to a single zero or altogether omitted.
Therefore, the following IPv6 addresses are similar and equally valid:
2001:cdba:0000:0000:0000:0000:3257:9652
2001:cdba:0:0:0:0:3257:9652
2001:cdba::3257:9652
Reference: http://www.ipv6.com/articles/general/I
NEW QUESTION: 3
A customer has configured two LAGs on their Hitachi NAS Platform 3090 cluster. EVS A uses ag1 and EVS B uses ag2. In which case does EVS A failover?
A. All the EVS B file systems go offline.
B. All the GbE ports go offline from ag1.
C. The cluster interconnect goes offline.
D. The SMU quorum service is stopped.
Answer: B
NEW QUESTION: 4
A. Option C
B. Option B
C. Option D
D. Option A
Answer: C,D
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2V0-41.24 Exam Info
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