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NEW QUESTION: 1
An auditor most likely would inspect loan agreements under which an entity's inventories are pledged to
support management's financial statement assertion of completeness with respect to:
A. Account balances.
B. Presentation and disclosure.
C. Transactions and events.
D. All of the above.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Inspecting loan agreements under which an entity's inventories are pledged provides
evidence regarding completeness with respect to presentation and disclosure, since such information must
be disclosed in the financial statements.
Choices "B", "C", and "D" are incorrect. Inspecting loan agreements under which an entity's inventories are
pledged does not provide information regarding the completeness of transactions, events, or account
balances.
NEW QUESTION: 2
A customer states that he cannot open a Keynote file. What is the most effective question to ask him
FIRST?
A. Can you open other Keynote files?
B. What version of Keynote are you using?
C. Can you open any files?
D. Is your Mac connected to a network?
Answer: A
NEW QUESTION: 3
Given:
Which two declarations will compile?
A. int a, b, c;
B. int g, int h, int i = 0;
C. int a, b, c = 0;
D. int d, e, F;
E. int k, l, m; = 0;
Answer: C,D
Explanation:
Explanation/Reference:
Explanation:
Incorrect answers:
int a, b, c;
OK, but duplicate definition.
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