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NEW QUESTION: 1
How is a function described in Function Analysis in MoV?
A. Verb only
B. Adjective and verb
C. Adjective and noun
D. Verb and noun
Answer: D
NEW QUESTION: 2
In an audit of contingent liabilities, which of the following procedures would be least effective?
A. Reviewing a bank confirmation letter.
B. Examining customer confirmation replies.
C. Examining invoices for professional services
D. Reading the minutes of the board of directors.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Customer confirmations relate to receivables, and would not be likely to disclose a
contingent liability.
Choice "A" is incorrect. A standard bank confirmation will most likely identify contingent liabilities because
it contains confirmation of discounted drafts and/or guarantees of notes and/or other open letters of credit.
Choice "C" is incorrect. Examining professional invoices may disclose a contingent liability. For example,
invoices from attorneys may provide information regarding litigation, claims, and assessments.
Choice "D" is incorrect. Reviewing the board minutes may identify a contingent liability. For example, the
board may discuss contingencies during one of its meetings. Other procedures that may be effective in an
audit of contingent liabilities include: Discussing long-term purchase commitments with the purchasing
agent. Reviewing long-term leases. Obtaining a client representation letter.
NEW QUESTION: 3
You have created an Exchange ActiveSync mailbox policy for the Research and Development Department at Wingtip Toys. You want to ensure that all user data on any mobile device used by members of the Research and Development Department will be automatically wiped in the event that an incorrect password is entered three times in succession. Which of the following policy properties should you configure?
A. Number Of Failed Attempts Allowed
B. Time without User Input Before Password Must Be Re-Entered
C. Password Expiration
D. Enable Password Recovery
E. Require Encryption On Device
Answer: A
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