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NEW QUESTION: 1
A. One or more Pattern
B. One or more filters
C. One or more blocks
D. One or more reports
Answer: C,D
NEW QUESTION: 2
Which of the following procedures would an auditor most likely perform in auditing the statement of cash
flows?
A. Confirm the amounts included in the statement of cash flows with the entity's financial institution.
B. Reconcile the amounts included in the statement of cash flows to the other financial statements'
amounts.
C. Vouch a sample of cash receipts and disbursements for the last few days of the current year.
D. Reconcile the cutoff bank statement to the proof of cash to verify the accuracy of the year-end cash
balance.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. To audit the statement of cash flows, the auditor reconciles the amounts on the
statement to amounts on other financial statements.
Choice "B" is incorrect. Vouching a sample of cash receipts and disbursements is a procedure used to
audit the cash balance, rather than the statement of cash flows.
Choice "C" is incorrect. Reconciling the cutoff bank statement to the proof of cash to verify the accuracy of
the year-end cash balance is a procedure used to audit the cash balance, rather than the statement of
cash flows.
Choice "D" is incorrect. Confirming cash amounts with the entity's financial institution is a procedure used
to audit the cash balance, rather than the statement of cash flows. Evidential Procedures for Selected
Accounts
NEW QUESTION: 3
What are three benefits of class of service? (Choose three.)
A. It can allocate bandwidth for different classes of traffic.
B. It can prioritize latency-sensitive traffic.
C. It can control congestion.
D. It can make a slow network faster.
E. It can eliminate congestion.
Answer: A,B,C
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