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NEW QUESTION: 1
An auditor most likely would apply analytical procedures in the overall review stage of an audit to:
A. Enhance the auditor's understanding of subsequent events.
B. Determine whether additional audit evidence may be needed.
C. Evaluate the effectiveness of the internal control activities.
D. Identify auditing procedures omitted by the staff accountants.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. In performing analytical procedures as an overall review, the auditor determines
whether adequate evidence has been gathered in response to unusual or unexpected balances identified
during the audit, and may decide that additional audit procedures are warranted. In addition, the auditor
may identify unusual or unexpected balances not already noted during the audit, which would also require
the application of further auditing procedures.
Choice "A" is incorrect. Analytical procedures applied during the overall review stage of the audit are
meant to evaluate the overall financial statement presentation, and to assess the conclusions reached by
the auditor. This is a high-level review, and one that focuses on the financial statements. As such, it would
not be likely to enhance the auditor's understanding of subsequent events.
Choice "B" is incorrect. Analytical procedures applied during the overall review stage of the audit are
meant to evaluate the overall financial statement presentation, and to assess the conclusions reached by
the auditor. This is a high-level review, and one that focuses on the financial statements. As such, it would
not be likely to identify omitted auditing procedures.
Choice "D" is incorrect. Analytical procedures applied during the overall review stage of the audit are
meant to evaluate the overall financial statement presentation, and to assess the conclusions reached by
the auditor. This is a high-level review, and one that focuses on the financial statements. As such, it would
not be useful in evaluating the effectiveness of the client's internal control activities.
NEW QUESTION: 2
A customer wants to migrate a LUN from one EMC VNX to another. The customer wants to use the integrated LUN migration feature. Due to a change freeze, the customer can install additional software, but cannot add any additional hardware. What do you recommend?
A. Use RecoverPoint, rather than LUN migration
B. Configure Thin source LUNs and Thick target LUNs
C. Configure target LUNs 20% larger than source LUNS
D. Use SAN Copy, rather than LUN migration
Answer: D
NEW QUESTION: 3
Monica planned her birthday party. She prepared 5 muffins for each of her guests and kept aside two additional muffins in case someone will want extra. After the party, it turned out that one of the guests didn't come but every one of the guests that did come ate six muffins and 3 muffins remained. How many guests did Monica plan on?
A. 3.
B. 5.
C. 4.
D. 6.
E. 7.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
X is the number of guests that were supposed to show up at the party, and so Monica prepared 5X + 2 muffins. (X - 1) is the number of guests that did come to the party and the total number of muffins is 6(X -
1) + 3. The number of muffins that Monica prepared is equal to the total number of muffins and so we can compare the following expressions: 5X + 2 = 6(X - 1) +3 ---->X = 5.