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NEW QUESTION: 1
What is the purpose of information presented in notes to the financial statements?
A. None of these answers.
B. To correct improper presentation in the financial statements.
C. To provide disclosures required by generally accepted accounting principles.
D. To present management's responses to auditor comments.
E. To provide recognition of amounts not included in the totals of the financial statements.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Users of the financial information are the focus of financial reporting. GAAP requires disclosures in the notes to facilitate the users' understanding of the financial statements.
NEW QUESTION: 2
Account lockout policies are used to prevent which type of security attack?
A. Social engineering
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Answer: B
NEW QUESTION: 3
---
A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
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