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NEW QUESTION: 1
Compiled financial statements should be accompanied by a report stating that:
A. The accountant does not express an opinion but expresses only limited assurance on the compiled
financial statements.
B. A compilation is substantially less in scope than a review or an audit in accordance with generally
accepted auditing standards.
C. A compilation is limited to presenting in the form of financial statements information that is the
representation of management.
D. The accountant has compiled the financial statements in accordance with standards established by the
Auditing Standards Board.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. The accountant's report includes a statement that the compilation is limited to
presenting in the form of financial statements information that is the representation of management.
Choice "A" is incorrect. The report must state that the financial statements have not been audited or
reviewed, but does not compare the scope of a compilation to the scope of a review or an audit.
Choice "B" is incorrect. The accountant expresses no assurance in a compilation engagement; limited
assurance is expressed in a review engagement.
Choice "D" is incorrect. The financial statements are compiled in accordance with SSARS issued by the
AICPA, rather than "standards established by the Auditing Standards Board."

NEW QUESTION: 2
Which of the following is a security best practice?
A. Use only solid state hard drives in servers.
B. Use only WiFi instead of Ethernet cabling.
C. Use only commercially licensed software.
D. Use multifactor VPN authentication.
Answer: D

NEW QUESTION: 3
Which two statements about the IS-IS cost metric are true? (Choose two.)
A. The cost is calculated automatically based on the delay only
B. It is the only IS-IS metric supported on Cisco devices
C. A default cost of 10 is automatically assigned to all interfaces
D. A default cost of 1 is automatically assigned to all interfaces
E. The cost is calculated automatically based on the interface bandwidth and delay
F. The cost is calculated automatically based on the interface bandwidth only
Answer: C,F

NEW QUESTION: 4
Refer to the exhibit. What does STATUS=ACTIVE refer to in the output of the show frame-relay pvc command?

A. The router is actively broadcasting to establish a link to the Frame Relay switch.
B. The PVC is experiencing congestion.
C. The Frame Relay switch is correctly programmed with the DLCI and is operational.
D. The router is connected to the local Frame Relay switch, but not to the far end device.
Answer: C