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NEW QUESTION: 1
An auditor's special report on financial statements prepared in conformity with the cash basis of accounting
should include a separate explanatory paragraph before the opinion paragraph that:
A. Explains how the results of operations differ from financial statements prepared in conformity with
generally accepted accounting principles.
B. Justifies the reasons for departing from generally accepted accounting principles.
C. States whether the financial statements are fairly presented in conformity with another comprehensive
basis of accounting.
D. Refers to the note to the financial statements that describes the basis of accounting.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. An auditor's special report on financial statements prepared in conformity with the
cash basis of accounting should include a separate explanatory paragraph before the opinion paragraph
that refers to the note to the financial statements that describes the basis of accounting.
Choice "A" is incorrect. The auditor should not include a separate explanatory paragraph that justifies the
reasons for any departure from GAAP.
Choice "B" is incorrect. The opinion paragraph (not the preceding explanatory paragraph) states whether
the financial statements are fairly presented in conformity with the other comprehensive basis of
accounting.
Choice "D" is incorrect. The auditor's report does not explain the differences between GAAP and the
OCBOA, but merely states that they are different.
NEW QUESTION: 2
Under which two conditin does Cisco StackWise Virtual transmit data over a virtual link? (Choose two.)
A. A VLAN is flooded over Layer 2.
B. Packets are processed on the egress interface on the standby switch.
C. Packets are processed on the egress interface on the active switch.
D. Packets are processed on the ingress interface on the standby switch.
E. Packets are processed on the ingress interface on the active switch.
Answer: A,E
NEW QUESTION: 3
Which feature does SIEM provide?
A. event correlation
B. inline blocking
C. asset management
D. signature detection
Answer: A