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NEW QUESTION: 1
An auditor testing long-term investments would ordinarily use analytical review as the primary audit
procedure to ascertain the reasonableness of the:
A. Completeness of recorded investment income.
B. Classification of gains and losses on the disposal of securities.
C. Valuation of marketable equity securities.
D. Existence and ownership of investments.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Analytical review is generally used to ascertain the reasonableness of investment
income in relationship to the amount invested.
Choice "A" is incorrect. Valuation would be verified using listed prices (NYSE, etc.).
Choice "B" is incorrect. Classification of gains or losses would be evaluated based upon appropriate
accounting principles.
Choice "D" is incorrect. Existence and ownership is generally evaluated by inspection of securities, review
of brokerage statements, or confirmation with an outside independent custodian.
NEW QUESTION: 2
Which type of rule requires a saved search that must be grouped around a common parameter
A. Flow Rule
B. Common Rule
C. Anomaly Rule
D. Event Rule
Answer: D
NEW QUESTION: 3
A. Set-TransportAgent
B. Set-WorkloadPolicy
C. Set-ThrottlingPolicy
D. Set-ResourcePolicy
Answer: B
NEW QUESTION: 4
FusionStorage block storage is compatible with both X86 hardware and ARM flatware.
Internal information, please keep confidential
A. False
B. True
Answer: B