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NEW QUESTION: 1
A. Option D
B. Option C
C. Option B
D. Option A
Answer: B
NEW QUESTION: 2
Which of the following factors would a CPA ordinarily consider in the planning stage of an audit
engagement?
I. Financial statement accounts likely to contain a misstatement.
II. Conditions that require extension of audit tests.
A. Both I and II.
B. Neither I nor II.
C. II only.
D. I only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. During the planning stage, the auditor assesses the risk of material misstatement in
financial statement accounts. Based on this assessment, the auditor plans the audit procedures to provide
reasonable assurance that material misstatements in the financial statements will be detected.
Additionally, during the planning stage, conditions may come to the auditor's attention that indicate a
necessary extension of audit tests. The auditor would need to consider this factor in determining the time
budget and staffing needs for the engagement.
Choices "A", "B", and "D" are incorrect. The auditor would need to consider both factors (financial
statement accounts likely to contain a misstatement and conditions that require an extension of audit tests)
in planning the audit.
NEW QUESTION: 3
One FPM OVP Floorplan configuration, with at least a main page, what is includes in these?
A. A Change Request section that includes the Change Request UIBB, both automatically added by MDG Communicator.
B. SAP BusinessObjects Data Services). These might be sufficient for loading data in non-SOA based format (such as csv-files or, IDoc-XML) into the active area.
C. SAP MDG stores data in one of two persistencies: staging area or active area. Data in the staging area is not ready for consumption and usually has to be approved by a master data steward to be sent to the active area.
D. For business partners, transaction BUPA_SEND is available, which includes complete address data.
Answer: A