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NEW QUESTION: 1
Which of the following reporting options is least likely with regard to supplementary information that is
required by GAAP?
A. The auditor's report on the financial statements makes no reference to the supplementary information.
B. A disclaimer of opinion is issued on supplementary information that is not clearly distinguished from the
financial statements and is not marked "unaudited."
C. The auditor's report on the financial statements includes an opinion regarding whether the
supplementary information is fairly stated in all material respects in relation to the financial statements
taken as a whole.
D. The auditor's report on the financial statements includes both an opinion on the supplementary
information and a statement restricting the use of the report.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. There is no requirement that the auditor's report on supplementary information
required by GAAP be restricted.
Choice "A" is incorrect. An auditor is not required to audit supplementary information, and in such cases
the auditor's report on the basic financial statements would not generally include a reference to such
information.
Choice "B" is incorrect. When supplementary information that is not clearly distinguished from the financial
statements is not marked "unaudited," the auditor would generally issue a disclaimer on that information.
Choice "D" is incorrect. When the auditor chooses to apply auditing procedures to the supplementary
information, he or she may express an opinion regarding whether the supplementary information is fairly
stated in all material respects in relation to the financial statements taken as a whole.
NEW QUESTION: 2
A VPC stretched from two leaf switches up to an ASA firewall you are configuring the VPC as an L3out interface in a Cisco ACI fabric How is the Layer 3 configuration applied?
A. Each endpoint of the VPC must be configured with an IP address in the same range
B. The VPC configuration itself must be seen as a Layer 2 Port channel stretching over two devices. A subinterface in the port channel configuration
C. Each link must be configured as a Layer 3 link.
D. A separate SVI must be configured in the ACI fatric and the VLAN of the SVI must be allowed on the VPC trunk configuration
Answer: D
NEW QUESTION: 3
Fill in the blank.
What are the three report types available when creating custom reports?
Answer:
Explanation:
Tabular, Summary and Matrix