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NEW QUESTION: 1
In a data frame, which values of the To DS and From DS fields identify the device type as AP?
A. 1, 0
B. 1, 1
C. 0, 0
D. 0, 1
Answer: D
NEW QUESTION: 2
A company uses an integrated accounting system. The following data relate to the latest period.
At the end of the period, the entry in the production overhead control account in respect of under or over absorbed overheads will be:
A. $22,672 debit.
B. $2,208 credit.
C. $2,208 debit.
D. $22,672 credit.
Answer: A
NEW QUESTION: 3
What level of Capacity is targeted by Capacity Management?
A. sufficient Capacity to meet all development and operational requirements
B. sufficient Capacity to meet agreed current and future demands
C. sufficient Capacity to meet current demands only
D. sufficient Capacity to meet all current and future demands
Answer: B
Explanation:
A. Correct. The objective is to ensure the service provider has sufficient Capacity to meet the current and future agreed demands of the Customer's business needs.
B. Incorrect. There is no objective to meet all demands but to meet agreed demands.
C. Incorrect. There is no specific mention of development and operational requirements.
D. Incorrect. The objective is to provide sufficient Capacity to meet current demands but also agreed future demands.
NEW QUESTION: 4
When there are numerous property and equipment transactions during the year, an auditor who plans to
assess control risk at a low level usually performs:
A. Tests of controls and limited tests of current year property and equipment transactions.
B. Analytical procedures for current year property and equipment transactions.
C. Analytical procedures for property and equipment balances at the end of the year.
D. Tests of controls and extensive tests of property and equipment balances at the end of the year.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Since control risk is assessed at a low level, tests of controls would be required to
evaluate the effectiveness of the internal controls to support that assessed level. Assuming controls are
operating effectively, only limited substantive testing would be performed.
Choice "A" is incorrect. Extensive tests of property and equipment balances would not typically be required
when control risk is assessed at a low level.
Choice "B" is incorrect. Since control risk is to be assessed at a low level, tests of controls would be
required. Analytical procedures would not be particularly useful, since property and equipment transactions
are subject to management discretion.
Choice "D" is incorrect. Analytical procedures would not be particularly useful, since property and
equipment transactions are subject to management discretion. Year-end balances may therefore be
unpredictable.
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