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NEW QUESTION: 1
Obtaining feedback from client management throughout the audit is encouraged in order to ensure that appropriate information is being obtained and to alleviate problems at the conclusions of the audit. Some specific components of continual communication to consider include:
A. Keep client management informed of audit issues and concerns as they arise.
B. Submit a draft audit report ensure that accurate and appropriate information has been reported
C. Both A and B
D. Advise client management of projected audit days and weeks
Answer: C
NEW QUESTION: 2
Which of the following items would have a tax consequence for financial accounting purposes?
I). Fines Paid for Law Violations
II). Product Warranty Liabilities
III). Life Insurance Proceeds Received (co. is beneficiary)
A. I and II.
B. II only.
C. II and III.
Answer: B
Explanation:
Fines paid for law violations are never deductible for tax purposes, and life insurance proceeds where the company is the beneficiary are never taxed. Therefore, these are permanent differences and do not have tax consequences. Differences due to warranty expenses, however, will create temporary differences and do have tax consequences.
NEW QUESTION: 3
Which statement about the master election process for mobility express controller function is true?
A. An AP with probing clients has higher chances of getting elected as master when compared to an AP without any probing clients, when no static use configuration is present.
B. Static configuration of next preferred master AP is not recommended when compared with automatic election.
C. The user can define another Cisco ASA 5520 Series WLC as backup master by adding its management IP address as the next-preferred-master.
D. HSRP is used to detect the failure of the master AP, and the newly elected master AP has the same IP address as the original master AP.
E. The AP with the highest MAC address is automatically elected master when the existing master controller goes down.
Answer: B
NEW QUESTION: 4
Sales representatives at Ursa Major Solar are working on opportunities and need to see how their colleagues have effectively managed other opportunities with comparable products, competing against the same competitors.
Which two features should an administrator use to allow for this? (Choose two.)
A. Opportunity Dashboard
B. Opportunity update reminders
C. Big deal alerts
D. Chatter groups
Answer: A,D