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NEW QUESTION: 1
An accountant's standard report issued after compiling the financial statements of a nonissuer should state
that:
A. A compilation consists principally of inquiries of company personnel and analytical procedures.
B. I am not aware of any material modifications that should be made to the accompanying financial
statements.
C. A compilation is substantially less in scope than an audit in accordance with GAAS, the objective of
which is the expression of an opinion.
D. A compilation is limited to presenting in the form of financial statements information that is the
representation of management.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. An accountant's standard report issued after compiling the financial statements of a
nonissuer should state that "a compilation is limited to presenting in the form of financial statements
information that is the representation of management."
Choice "A" is incorrect. A review report (and not a compilation report) states that, "I am not aware of any
material modifications that should be made to the accompanying financial statements."
Choice "B" is incorrect. A review report (and not a compilation report) states that a review "consists
principally of inquiries of company personnel and analytical procedures."
Choice "D" is incorrect. A review report (and not a compilation report) states that a review "is substantially
less in scope than an audit in accordance with GAAS, the objective of which is the expression of an
opinion."
NEW QUESTION: 2
A stakeholder requests a change that will add value to a product currently under development.
The change control board (CCB) rejects this request.
What should the project manager do first?
A. Evaluate the impact of this decision and update the risk
B. Revise the issue log and inform the stakeholder.
C. Update the change log and inform the stakeholder
D. Assess the impact of this decision on it* stakeholders expectations and update the stakeholder engagement assessment matrix.
Answer: B
NEW QUESTION: 3
A customer is having difficulty with managing the heterogeneous storage infrastructure and tracking the performance of SAN-attached devices.
Which IBM product will resolve the customer's immediate concern?
A. IBM Spectrum Virtualize
B. IBM Director
C. IBM Spectrum Control
D. Fabric Manager
Answer: C
NEW QUESTION: 4
The Requirements and Strategy phase of the Business Continuity Life-cycle comprises:
A. Organization and Implementation Planning and Risk Reduction Measures
B. Education and Awareness, Review and Audit
C. Business Impact Analysis, Risk Assessment and Business Continuity Strategy
D. Initial testing, Education and Awareness and Assurance
Answer: C