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NEW QUESTION: 1
To establish the existence and ownership of a long-term investment in the common stock of a
publiclytraded company, an auditor ordinarily performs a security count or:
A. Confirms the number of shares owned with the issuing company.
B. Determines the market price per share at the balance sheet date from published quotations.
C. Relies on the client's internal accounting controls if the auditor has reasonable assurance that the
control activities are being applied as prescribed.
D. Confirms the number of shares owned that are held by an independent custodian.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Auditors obtain a confirmation (safekeeping list) indicating the number of shares of
stocks held by an outside independent custodian.
Choice "A" is incorrect. Even a good system of internal control does not necessarily provide sufficient
evidence of existence and ownership.
Choice "C" is incorrect. Verifying the market price doesn't provide evidence regarding ownership or
existence.
Choice "D" is incorrect. Confirmations are generally sent to the independent custodian, not to the issuing
company.
NEW QUESTION: 2
Which of the following proportions shows the relationship between the height of the object (AB) and the height of its image (DE) in the diagram at the left?
A)
B)
C)
D)
E)
A. Option C
B. Option B
C. Option E
D. Option A
E. Option D
Answer: E
NEW QUESTION: 3
Users use vsphere 5.5 build business virtualization, in the course of the operation found that a host using too many SCSI reservations lead to other server access the same user leading to vmfs performance degradation. What method can be used to eliminate the root cause of SCSI reservation conflicts? (Multiple choice.)
A. Reduce the number of snapshots.
B. Reduce the number of virtual machines per LUN.
C. Increase the number of LUNs and limit the number of hosts accessing the same LUN.
D. Change the type of virtual disk created.
Answer: A,B,C
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