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NEW QUESTION: 1
When an accountant examines projected financial statements, the accountant's report should include a
separate paragraph that:
A. Disclaims an opinion on whether the assumptions provide a reasonable basis for the projection.
B. Provides an Explanation: of the differences between an examination and an audit.
C. Describes the limitations on the usefulness of the presentation.
D. States that the accountant is responsible for events and circumstances up to one year after the report's
date.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. The accountant's standard report on an examination of projected financial
statements should include a caveat that the projected results may not be achieved. This is included in a
separate paragraph that describes the limitations on the usefulness of the presentation: "...there will
usually be differences between the forecasted and actual results... [that] may be material."
Choice "B" is incorrect. The accountant's report on the examination of projected financial statements would
not include an Explanation: of the differences between an examination and an audit.
Choice "C" is incorrect. A statement is included which specifically states that the accountant assumes no
responsibility to update the report for events and circumstances occurring after the date of the report.
Choice "D" is incorrect. The accountant does express an opinion that "the underlying assumptions provide
a reasonable basis for management's forecast."
NEW QUESTION: 2
John works as a network security officer in Gentech Inc. The company uses a TCP/IP network. While working on the network, a problem occurs related to the DNS resolution. Which of the following utilities can he use to diagnose the problem?
A. IPConfig
B. nslookup
C. Ping
D. Tracert
Answer: B
NEW QUESTION: 3
Which two statements are true about a common user?
A. A common user always uses the global temporary tablespace that is defined at the CDB level as the default temporary tablespace.
B. A common user connected to a pluggable database (PDB) can exercise privileges across other PDBs.
C. A common user can be granted only a common role.
D. A common user can have a local schema in a PDB.
E. A common user with the create user privilege can create other common users, as well as local users.
Answer: C,D
Explanation:
Explanation/Reference:
Explanation: