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NEW QUESTION: 1
Which of the following statements should be included in an accountant's standard report based on the
compilation of a nonissuer's financial statements?
A. A compilation is limited to presenting in the form of financial statements information that is the
representation of management.
B. A compilation is not designed to detect material modifications that should be made to the financial
statements.
C. A compilation consists principally of inquiries of company personnel and analytical procedures applied
to financial data.
D. A compilation is substantially less in scope than an audit in accordance with generally accepted
auditing standards.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. The accountant's compilation report 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 (not a compilation) consists principally of inquiries of management and
analytical procedures applied to financial data.
Choice "C" is incorrect. While a compilation is not designed to detect material misstatements in the
financial statements, no mention of this limitation is made in the compilation report.
Choice "D" is incorrect. The review report states that a review is substantially less in scope than an audit in
accordance with GAAS.
NEW QUESTION: 2
HOTSPOT
Answer:
Explanation:
The GRE keys must match.
To separate the traffic between the two virtualized networks, the GRE headers on the tunneled packets include a GRE Key that provides a unique Virtual Subnet ID for each virtualized network.
References:
https://blogs.technet.microsoft.com/keithmayer/2012/10/08/step-by-step-hyper-v-network- virtualization-31-days-of-favorite-features-in-winserv-2012-part-8-of-31/
NEW QUESTION: 3
A. Option D
B. Option B
C. Option C
D. Option A
Answer: B