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NEW QUESTION: 1
A. Option C
B. Option D
C. Option B
D. Option A
Answer: C
NEW QUESTION: 2
Refer to the exhibit.
A TFTP server has recently been instated in the Atlanta office. The network administrator is located in the NY office and has made a console connection to the NY router. After establishing the connection they are unable to backup the configuration file and iOS of the NY router to the TFTP server. What is the cause of this problem?
A. The NY router has an incorrect subnet mask.
B. The TFTP server has an incorrect IP address.
C. The TFTP server has an incorrect subnet mask.
D. The network administrator computer has an incorrect IP address.
Answer: C
NEW QUESTION: 3
When performing an engagement to review a nonissuer's financial statements, an accountant most likely
would:
A. Obtain an understanding of the entity's internal control.
B. Confirm a sample of significant accounts receivable balances.
C. Ask about actions taken at board of directors' meetings.
D. Limit the distribution of the accountant's report.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. A review is based on inquiry and analytical procedures. The accountant should
inquire about actions authorized by the stockholders, the board of directors, or other management groups.
Choice "A" is incorrect. The accountant is not required to obtain an understanding of internal control in a
review engagement under SSARS. An understanding would be required in an audit or in a review of the
interim financial statements of a public entity, conducted under auditing (PCAOB) standards.
Choice "B" is incorrect. Distribution of a review report is not limited; however, each page of the financial
statements should be marked, "See Accountant's Review Report."
Choice "C" is incorrect. Confirmation is an auditing procedure used to corroborate stated account
balances. A review is based on inquiry and analytical procedures, and would not include confirmation of
balances.
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