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NEW QUESTION: 1
Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent
financial reporting?
A. Large amounts of liquid assets that are easily convertible into cash.
B. Low growth and profitability as compared to other entities in the same industry.
C. An overly complex organizational structure involving unusual lines of authority.
D. Financial management's participation in the initial selection of accounting principles.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The auditor identifies factors indicative of potential fraud ("fraud risk factors") as part
of assessing the risk of material misstatement. An overly complex organization structure involving unusual
lines of authority provides an opportunity for fraudulent financial reporting that would heighten the auditor's
concern.
Choice "A" is incorrect. Large amounts of liquid assets that are easily convertible into cash would heighten
an auditor's concern about misappropriation of assets, not about fraudulent financial reporting.
Choice "B" is incorrect. Low growth and profitability might heighten an auditor's concern if it became
severe or if management faced excessive pressure to meet financial expectations, but would not
necessarily in and of itself heighten an auditor's concern.
Choice "C" is incorrect. Nonfinancial management's participation in the selection of accounting principles
might heighten the auditor's concern; financial management is expected to participate in such activities.

NEW QUESTION: 2
HOTSPOT
The settings for a virtual machine named VM2 are configured as shown in the VM2 exhibit. (Click the Exhibit button.)

The settings for Diskl.vhdx are configured as shown in the Diskl.vhdx exhibit. (Click the Exhibit button.)

The settings for Disk2.vhdx are configured as shown in the Disk2.vhdx exhibit. (Click the Exhibit button.)

Select Yes if the statement can be shown to be true based on the available information; otherwise select No. Each correct selection is worth one point.

Answer:
Explanation:


NEW QUESTION: 3
You plan to implement Microsoft Exchange Online. Your company plans to use an SMTP suffix of contoso. com. You need to ensure that Windows Phone 7 devices can automatically retrieve the appropriate Exchange Online servers based on each user's email address. Which DNS record should you use to achieve this goal? (Each correct answer presents a complete solution. Choose all that apply.)
A. a text (TXT) record for autodiscover.contoso.com
B. a service location (SRV) record for sipfederationtls._tcp.contoso.com
C. a text (TXT) record for _autodiscover._tcp.contoso.com
D. a mail exchange (MX) record for mail.contoso.com
E. a canonical name (CNAME) record for _autodiscover._tcp.contoso.com
F. a service location (SRV) record for _autodiscover._tcp.contoso.com
G. a mail exchange (MX) record for service.contoso.com
H. a canonical name (CNAME) record for autodiscover.contoso.com
Answer: H
Explanation:
Ref: http://technet.microsoft.com/en-us/library/hh852557

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