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How do I use the Question and Answer material?
NEW QUESTION: 1
Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?
A. You have to cancel the invoice and send the material back without changing the ownership.
B. You have to transfer the ownership of item and perform the return transaction.
C. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
D. Return the material and create a debit memo for the supplier.
Answer: D
NEW QUESTION: 2
Which two resources reside exclusively in a single availability domain?
A. groups
B. block volume
C. virtual cloud network
D. compute instance
E. object storage
Answer: B,D
NEW QUESTION: 3
The senior auditor responsible for coordinating the fieldwork usually schedules a pre-audit conference with
the audit team primarily to:
A. Give guidance to the staff regarding both technical and personnel aspects of the audit.
B. Establish the need for using the work of specialists and internal auditors.
C. Discuss staff suggestions concerning the establishment and maintenance of time budgets.
D. Provide an opportunity to document staff disagreements regarding technical issues.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Pre-audit planning meetings are typically held to plan technical and personnel
aspects of the audit. Assistants should be informed of their responsibilities and the objectives of the
procedures that they are to perform.
Choice "B" is incorrect. While staff suggestions regarding time budgets may be discussed, this is not
typically the primary reason for the meeting.
Choice "C" is incorrect. Establishing the need for specialists and internal auditors may be discussed, but
this is not the primary reason for the meeting.
Choice "D" is incorrect. Disagreements about technical issues arise and are resolved after testing begins,
not during the pre-audit conference.