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NEW QUESTION: 1
Which of the following procedures would an auditor most likely perform to obtain assurance that
slowmoving and obsolete items included in inventories are properly identified?
A. Examining an analysis of inventory turnover.
B. Confirming inventories at locations outside the entity's premises.
C. Tracing inventory observation test counts to perpetual listings.
D. Testing shipping and receiving cutoff procedures.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Examining an analysis of inventory turnover helps identify slow-moving, excess,
defective, and obsolete items included in inventories. In order for inventory to be properly valued, these
items may need to be written down.
Choice "A" is incorrect. Testing shipping and receiving cutoff provides evidence regarding completeness of
inventory and rights and obligations related to inventory, but it does not provide evidence regarding the
identification and valuation of slow-moving and obsolete items.
Choice "B" is incorrect. Confirming inventories at locations outside the entity's premises provides evidence
regarding existence and completeness of inventory, but it does not provide evidence regarding the
identification and valuation of slow-moving and obsolete items.
Choice "D" is incorrect. Tracing inventory observation test counts to perpetual listings provides evidence
regarding the completeness of inventory, but it does not provide evidence regarding the identification and
valuation of slow-moving and obsolete items.
NEW QUESTION: 2
A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1709. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements. Which of the following tools will help leverage the transition process?
A. Software Update Manager.
B. SAP Readiness check for sap S/4 HANA.
C. SAP Transformation navigator.
D. SAP S/4HANA migration cockpit.
Answer: A
NEW QUESTION: 3
Which three statements about Cisco ASA CX are true? (Choose three.)
A. It groups multiple ASAs as a single logical device.
B. It uses four cooperative architectural constructs to build the firewall.
C. It can make context-aware decisions.
D. It uses policy-based interface controls to inspect and forward TCP- and UDP-based packets.
E. It provides high-density security services with high availability.
F. It can perform context-aware inspection.
Answer: B,C,F
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